Agents' Summary of Business Conditions - September 2008

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 16 September 2008
  • Consumption growth eased reflecting weaker retail sales and consumer services.
  • The deceleration in housing demand continued.
  •  Investment intentions declined sharply. With regard to credit conditions, the cost of finance rose and availability diminished.
  • Inventories of consumer durables increased.
  • Demand for exports weakened slightly but was still relatively strong.
  • Growth in domestically orientated manufacturing fell and there was further deceleration in construction and services output.
  • Labour demand softened and recruitment difficulties eased.
  • Capacity pressures continued to fall.
  • Growth in total labour costs remained well contained.
  • Annual input price inflation and output price inflation remained elevated.
  • Annual consumer price inflation was steady.


PDFAgents' summary of business conditions - September 2008

Other Agents' summary of business conditions

This page was last updated 31 January 2023