• UK gross domestic product in volume terms increased by 0.9% in Q3 2012, revised down from the previous estimate of 1.0% published in November.
• CPI annual inflation was 2.7% in November, unchanged from October. RPI annual inflation was 3.0% in November, down from 3.2% in October.
• Service sector output was estimated to have increased by 2.0% in October 2012 compared with October 2011.

• London’s annual growth in output decreased to 0.1% in Q2 2012 from an upwardly revised 0.9% in Q1 2012.
• London’s annual employment growth increased to 2.6% in Q2 2012 from an upwardly revised 0.9% in Q1 2012.
• Annual house price inflation in London was 5.7% in Q3 2012, down from a downwardly revised 6.0% in Q2 2012.

• Real gross domestic product (GDP) grew at an annual rate of 3.1% in the third quarter of 2012. This follows a growth rate of 1.3% in the second quarter of 2012.
• In November, Personal income increased $85.8 billion, or 0.6%, disposable personal income (DPI) increased $74.7 billion, or 0.6%, & personal consumption expenditures (PCE) increased $41.3 billion, or 0.4%.
• U.S. current-account deficit decreased to $107.5 billion, or 2.7% of GDP in the third quarter of 2012, from $118.1 billion (revised) in the second quarter of 2012, or 3.0% of GDP.

• Private employment fell by 18,300 in November 2012 after a decrease of 3,500 jobs in October. (Source: New York State Dept. of Labour).
• The unemployment fell from 9.2% in October 2012 to 8.8% in November. (Source: New York State Dept. of Labour).
• The Manhattan hotel occupancy rate in October 2012 was 91.6%, up from 90.9% in October 2011. (Source: New York State Dept. of Labour).

• Ogletree Deakins to Open London Office
• ConFire Opens Office in London
• MarketSight Opens Office in London
• Revolabs Opens New European Sales and Support Office
• Actify Opens New Office in UK

• John Doe Opens New York Office
• Field Fisher Waterhouse Opens First US Office

Data kindly provided by BritishAmerican Business, which we are a London member.