Financial Indicators
UK Investment news
- GDP increased by 1.2% in the second quarter of 2010, revised up from 1.1%. GDP in the second quarter of 2010 is now 1.7% higher than the second quarter of 2009.
- CPI annual inflation was 3.1% in July, down from 3.2% in June.
- Output price annual inflation for all manufactured products rose 4.7% in August 2010.
LONDON Investment news
- London’s annual growth in output increased to –0.4% in Q1 2010 from a downwardly revised -2.7% in Q4 2009.
- London’s annual employment growth increased to -1.7% in Q1 2010 from -2.4% in Q4 2009.
- The percentage of the resident working age population who are unemployed and claiming Jobseeker’s Allowance in London was 4.0% in July 2010. There were 213,200 unemployment claimants in London in July 2010 compared with an upwardly revised 213,800 in June.
US Investment news
- Real gross domestic product (GDP) grew at an annual rate of 1.6% in the second quarter of 2010. This follows a growth rate of 3.7% in the first quarter.
- Personal income increased $30.0 billion, or 0.2%, and disposable personal income (DPI) increased $17.6 billion, or 0.2%, in July 2010 Personal consumption expenditures (PCE) increased $44.1 billion, or 0.4%.
- The U.S. current account deficit increased to $109.0 billion, or 3.0% of GDP in the first quarter of 2010, up from $100.9 billion in the fourth quarter of 2009, or 2.8% of GDP.
NY Investment news
- Private employment fell by 1,700 in June 2010, after an increase of 1,000 jobs in May. (Source: New York State Dept. of Labour)
- The unemployment rate fell to 9.5% in June 2010 from 9.6% in May. (Source: New York State Dept. of Labour)
- The Manhattan hotel occupancy rate in June 2010 was 89.9 %, up from 86.7% in June 2009. (Source: New York State Dept. of Labour)
Transatlantic Investments
US Investments into the UK
- Quintiles Opens New European HQ in the UK
- MPS Opens London Office
- Vistaar Expands Operations in Europe with New Office in London
- Backstop Solutions Group Opens European Office in London
- Hewlett-Packard to Create 700 Jobs in Scotland
UK Investments into the US
- Octavian Security Opens USA Office in Oklahoma
- Randox Laboratories Opens U.S. Headquarters
- Anglia Business Solutions has Expanded into the US
- MyCloud Learning Opens Florida Office
Figures generously provided by BritishAmerican Business
Tags: FDI, UK Inward Investment
