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London's Economy Today - Issue 82 - June 2009

Key information

Publication type: General

Publication date:

The overview

  • pound rises slightly on the back of initial recovery hopes
  • financial sector restructuring continues
  • GM enters chapter 11 bankruptcy protection

Economic indicators

  • London firms increased their output of goods and services in May 2009
  • the PMI for new orders recorded 53.6 in May compared to 47.7 in April
  • surveyors reported a negative net house price balance for England and Wales of -44 over the past three months to May 2009, up from -59 in April 2009

London’s Economy Today data on the Datastore

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