Agents' Summary of Business Conditions - October 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 18 October 2005
  • Growth in the value of consumer spending appeared to have stabilised at a low rate.
  • Activity began to recover in the housing market.
  • Exports continued to pick up, reflecting demand from a variety of sources. Imports of consumer goods remained sluggish.
  • Investment intentions weakened further, partly reflecting uncertainty about the impact of rises in energy prices.
  • Domestic sales of manufactured goods were weak, but export growth has improved.
  • The pace of construction output growth slackened.
  • Service sector output growth was unchanged, with professional services the most buoyant.
  • The easing in the labour market continued.
  • Capacity utilisation eased.
  • Pay pressures remained muted.
  • Input price inflation picked up, reflecting rising energy and fuel costs.
  • Overall, consumer price inflation edged higher.

PDFAgents' summary of business conditions - October 2005

Other Agents' summary of business conditions

This page was last updated 31 January 2023