London's Economy Today - Issue 51 - November 2006

The overview

• London enjoys strong growth in spite of a mixed labour market performance
• Bank raises interest rates to cope with inflationary pressures
• US continues to slow whilst Asian growth forges ahead

Economic indicators

• London firms continued to expand their output of goods and services in October 2006
• the PMI for new orders recorded 57.9 in October compared to 56.9 in September
• annual house price inflation was higher in London than in the UK for the fourth consecutive quarter

Who are London’s low paid?

• low pay among disadvantaged groups
• in which industries is low pay concentrated?
• where do low paid employees live and work?

London’s Economy Today data on the Datastore

• London’s Economy Today on the Datastore has more interaction and a greater personal focus.