June Investment news

Economic Indicators

Real gross domestic product (GDP) grew at an annual rate of 3.0% in the first quarter of 2010, following an increase of 5.6% in the fourth quarter of 2009.
CPI annual inflation was 3.7% in April 2010, up from 3.4% in March
Year on year, overall production output in March 2010 was 2.0% higher than in March 2009.

LONDON

In the most recent 25-day period, (From 7 March 2010 to 31 March 2010). London’s Underground and buses had 267.0 million passenger journeys; 179.1 million by bus and 88.0 million by underground.
The moving average annual rate of growth in passenger journeys decreased to -0.4% from a upwardly revised 0.1% in the previous period.
The percentage of the resident working age population who are unemployed and claiming Jobseeker’s Allowance in London was 4.3% in April 2010. There were 218,300 unemployment claimants in London in April 2010 compared with a downwardly revised 221,600 in March. There were 1,516,900 unemployment claimants in UK in April 2010 compared with a upwardly revised 1,544,000 in March.

Real gross domestic product (GDP) grew at an annual rate of 3.2% in the first quarter of 2010, following an increase of 5.6% in the fourth quarter of 2009.
Personal income increased $36.0 billion, or 0.3%, and disposable personal income (DPI increased $32.3 billion, or 0.3%, in March 2010).
The U.S. international trade deficit in goods and services in April 2010 increased 0.6%, to $40.3 billion. Exports decreased 0.7% to $148.8 billion, and imports decreased 0.4% to $189.1 billion.

Private employment rose by 12,700 in March 2010, after a decrease of 2,000 jobs in February. (Source: New York State Dept. of Labour)
The unemployment rate fell to 10.0% in March 2010 from 10.2% in February. (Source: New York State Dept. of Labour)
The Manhattan hotel occupancy rate in March 2010 was 81.9 %, up from 73.5% in March 2009. (Source: New York State Dept. of Labour)

Transatlantic investments

US Investments into the UK

Zephyr Associates Opens London Office
Risk International Launches London Office
Glam Media Opens London International Headquarters
GE to Create 100+ Jobs in Northern Ireland

UK Investments into the US

Quarry One Eleven Opens Massachusetts Office

Figures generously provided by BritishAmerican Business

Tags: FDI, UK Inward Investment

This entry was posted on Wednesday, June 30th, 2010 at 11:51 am by Paul Beare and is filed under Investment News, UK accounting, USA. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.