London's Economy Today - Issue 2 - October 2002

The overview

Edition 2:

• London's economic performance has turned below the rest of the UK
• the gorwth of London's economy has been sustained by consumer spending
• low interest ratse and housing prices have encouraged the use of borrowing

Economic indicators

• export expectations are the highest they have been since Q1 2001
• UK manufacturing output remained flat between July and August
• UK house price increases have exceeded average earnings growth and inflation since 1996

Forecasts for the London Economy

A comparison of Independant forecasts and a GLA Economics view: this is a review of forecasts prepared for London by the main forecasting organisations, which looks at the main indicators of economic activity and then takes an independent view.

London’s Economy Today data on the Datastore

• London’s Economy Today on the Datastore has more interaction and a greater personal focus.