Agents' Summary of Business Conditions - November 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 20 November 2006
  • Consumer spending growth was steady; sales of household durable goods picked up, but car sales weakened.
  • Activity in the housing market was little changed.
  • Export sales accelerated yet again; import growth remained strong.
  • Investment intentions rose to their highest level for 18 months.
  • Manufacturing output accelerated, as domestic demand strengthened.
  • Construction output grew strongly.
  • Service sector activity accelerated; professional and financial services were particularly strong.
  • The labour market tightened a little, but there was still a degree of slack overall.
  • Capacity pressures increased; pressures in the service sector were the highest for five years.
  • There was little evidence of higher pay settlements, but contacts were cautious about the upcoming pay round.
  • Input price inflation eased a little, reflecting lower energy prices.
  • Consumer price inflation was broadly unchanged.

PDFAgents' summary of business conditions - November 2006

Other Agents' summary of business conditions

This page was last updated 31 January 2023