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AccountingWEB Readers Optimistic about the Economy in 2011 »

December UK/US Investment News

Financial Indicators

UK Investment news

  • Gross Domestic Product (GDP) increased by 0.8% in the third quarter of 2010, unrevised from the previous estimate. GDP in the third quarter of 2010 is now 2.8% higher than the third quarter of 2009.
  • CPI annual inflation was 3.2% in October 2010, up from 3.1% in September.
  • Year on year, the volume of retail sales in October was 0.1% lower than in October 2009.

London Investment news

  • London’s annual growth in output increased to 2.4% in Q2 2010 from an upwardly revised -0.1% in Q1 2010.
  • London’s annual employment growth increased to 0.3% in Q2 2010 from a downwardly revised -1.8% in Q1 2010.
  • Annual house price inflation in London was 5.7%  in Q3 2010, down from 11.0% in Q2 2010.

USA Investment news

  • Real gross domestic product (GDP) grew at an annual rate of 2.5% in the third quarter of 2010. This follows a 1.7% growth rate in the second quarter.
  • Personal income increased $57.6 billion, or 0.5%, and disposable personal income (DPI) increased $48.3 billion, or 0.4%, in October 2010.
  • The U.S. current-account deficit increased to $123.3 billion, or 3.4% of GDP in the second quarter of 2010, up from $109.2 billion in the first quarter of 2010, or 3.0% of GDP.

NY Investment news

  • Private employment fell by 17,300 in September 2010, after an increase of 8,700 jobs in August. (Source: New York State Dept. of Labour)
  • The unemployment rate fell to 9.3% in September from 9.4% in August 2010. (Source: New York State Dept. of Labour)
  • The Manhattan hotel occupancy rate in September 2010 was 88.3 %, down from 89.0% in September 2009. (Source: New York State Dept. of Labour)

Transatlantic Investments

US Investments into the UK

  • Volusion Leads European Expansion with Opening of London Office
  • Bunting Magnetics Sets Up Operation in UK
  • DATA Inc. Expands European Operations With New UK Office
  • AppLabs Expands in UK

UK Investments into the US

  • Vision Capital Opens New York Office
  • Mark Group Opens US Headquarters

Figures generously provided by BritishAmerican Business

Related Posts

  • October Investment news
  • May UK/US Investment news
  • Expanding your business internationally & Taxation – Case Study 1 The UK
  • UK inward investment - Financial Predictions for 2011
  • November UK/USA Investment News
  • October UK/USA Investment news
  • September UK/US Investment news
  • August Investment News
  • July Investment news
  • June Investment news
  • May Investment news
  • April Investment news
  • March Investment News
  • February Investment News
  • January Investment news

Tags: FDI, UK Inward Investment

This entry was posted on Tuesday, January 18th, 2011 at 10:25 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.

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