London's Economy Today - Issue 61 - September 2007

The overview

• market volatility and banking difficulties are part of a wider issue of liquidity
• city bonuses could fall from high levels amidst recruitment freezes and possible job losses
• high commodity prices continue to pose an inflationary risk

Economic indicators

• London firms continued to expand their output of goods and services in August 2007
• the PMI for new orders recorded 56.8 in August compared to 58.6 in July
• annual house price inflation in London was 15.7% in Q2 2007, up from 14.3% in Q1 2007

The value of London'e key exports

• exports of goods
• exports of services
• London's concentration in exports

London’s Economy Today data on the Datastore

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