Agents' Summary of Business Conditions - November 2005

We regularly publish a summary of reports compiled by our twelve regional Agents following discussions with at least 700 businesses across the UK every reporting period.
Published on 23 November 2005
  • Growth in the value of consumer spending remained subdued, with few signs of a pickup in the near term.
  • A modest recovery continued in housing market activity, but prices were flat.
  • Export growth remained robust. Imports also continued to rise, despite some weakness in consumer goods.
  • Investment intentions eased as firms became more cautious.
  • Domestic manufacturing sales were weak, with export sales faring notably better.
  • The pace of construction output growth eased, but activity remained high.
  • Service sector output growth was broadly unchanged; professional and financial service companies reported continued robust growth in demand.
  • The labour market continued to soften.
  • Fewer firms were worried about capacity pressures.
  • Pay pressures remained muted.
  • Input price inflation was broadly unchanged, although not all companies had yet felt the full impact of past rises in energy prices.
  • Output price increases were tempered by competition, but consumer price inflation edged a little higher.

PDFAgents' summary of business conditions - November 2005

Other Agents' summary of business conditions

This page was last updated 31 January 2023