Economic Indicators:
UK
- Gross Domestic Product (GDP) increased 0.1% in the fourth quarter of 2009, compared with a decrease of 0.2% in the third quarter.
- CPI annual inflation was 3.5% in January, up from 2.9% in December. The RPI annual inflation rate increased again in January. The increase of 1.3% in the RPI annual inflation rate to 3.7% in January from 2.4% in December follows a 2.1% increase in the annual rate between November and December.
- Year on year, overall production output in December 2009 was 3.6% lower than in December 2008.
LONDON
- In the most recent 28-day period, (From 15 November 2009 to 12 December 2009) London’s Underground and buses had 268.1 million passenger journeys; 180.4 million by bus and 87.6 million by underground.
- The moving average annual rate of growth in passenger journeys decreased to -0.5% from -0.3% in the previous period.
- The percentage of the resident working age population who are unemployed and claiming Jobseeker’s Allowance in London was 4.4% in December 2009. There were 226,100 unemployment claimants in London in December 2009 compared with a downwardly revised 227,700 in November 2009.
US
- Real gross domestic product (GDP) rose at an annual rate of 5.7% in the fourth quarter of 2009. This follows an increase of 2.2% in the third quarter.
- Personal income increased $44.5 billion, or 0.4%, and disposable personal income (DPI) increased $45.9 billion, or 0.4% in December 2009.
- The U.S. international trade deficit in goods and services in December 2009 increased to $40.2 billion from $36.4 billion in November 2009. December exports were $4.6 billion more than November exports of $138.1 billion. December imports were $8.4 billion more than November imports of $174.5 billion.
NY
- Private employment fell by 5,200 in November 2009, after a loss of 14,200 jobs in October. (Source: New York State Dept. of Labour)
- The unemployment rate fell to 10.0% in November 2009 from 10.3% in October. (Source: New York State Dept. of Labour)
- The Manhattan hotel occupancy rate in November 2009 was 81.4%, up from 80.4% in November 2008. (Source: New York State Dept. of Labour)
INVESTMENT INDICATORS
- Foreign Direct Investment Falls Sharply in 2009
- London Maintains Position as Europe’s Top Overseas Investment Location
- UK Investment Position: Third Quarter 2009
- US Investment Position: Third Quarter 2009
Transatlantic Investment
US Investments into the UK
- CustomWeather Opens Office in London
- Annuitas Group Opens European Headquarters in London
- Alan Gray Opens London Office
- Chyron Opens European Headquarters in London
- Intelliteach Opens London Office
UK Investments into the US
- Cobent Opens New US Office
- Clash-Media Opens Florida Office
- Straightpoint, Inc. Opens in US
Figures kindly provided by BritishAmerican Business
Tags: UK Inward Investment
