Latest Updates and Information from the SWO Economy Module
Business Tracker for June shows continued strength in the stock marketThe latest South West Business Tracker is out, pointing towards the continued strength in the overall stock market throughout April and May. The Business Tracker, devised by SWO to provide real-time information about some of the most significant publicly traded businesses in the region, follows the stock market to provide a snapshot of the trading conditions local businesses face. This month's update highlights positive trading announcements made by Supergroup, Wincanton, Punch Taverns, WHS and Babcock - among focus companies. More mixed trading news was released by FlyBe, First Group - both announcing structural changes - and Imperial Tobacco, which saw weaker demand for tobacco products. Click on the link below to find out more.
17 June 2013
Signs of Green Shoots?The SWO Economy Module has just released a new data alert, focusing on a series of recent data releases that point towards a picture of growing confidence in the economy. 'Signs of Green Shoots?' looks at services output, with the index of services having increased by 1.6% in March 2013 when compared to the previous year . It also highlights construction output data, showing that construction output for March was over 12% higher than for February. Finally, it considers production output, using the index of production to show that from March - April 2013 output rose by 0.1%. The paper also looks at the latest Purchasing Managers Index which showed positive signals for the services sector in its latest release - growing at the fastest rate since March 2012. The Markit/CIPS Services for the UK rose to 54.9 in May from 52.9 in April. Download the report below.
17 June 2013
West of England Quarterly Reports & SurveyThrough the West of England LEP website you'll now find the Executive Summary to the West of England LEP Quarterly Economic Bulletin and the Barriers to Growth Survey Report. These documents are available to download from the LEP website at http://www.westofenglandlep.co.uk/about-us/economic-intelligence/reports-and-surveys
02 May 2013