Agents' Summary of Business Conditions - December 2006

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 15 December 2006
  • Consumer spending growth increased; sales of household durable goods picked up further and car sales improved a little.
  • Activity in the housing market was unchanged.
  • Export growth slowed a little, mostly reflecting the weaker US housing market.
  • Investment intentions continued to strengthen.
  • Manufacturing output growth stabilised.
  • Construction output continued to grow strongly.
  • Service sector activity accelerated again; growth of consumer and other business services output was slightly firmer.
  • Firms’ employment intentions rose, but their current recruitment difficulties remained less than normal.
  • Capacity pressures intensified a little.
  • Pay growth rose slightly due to increased wage drift.
  • Input price inflation was steady. Higher prices of some metals and foodstuffs offset lower oil prices.
  • Consumer price inflation was unchanged.

PDFAgents' summary of business conditions - December 2006

Other Agents' summary of business conditions

This page was last updated 31 January 2023