Agents' Summary of Business Conditions - April 2014

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 April 2014
  • Annual growth in the value of retail sales had eased, with growth in consumer services turnover little changed.
  • Housing market transactions had continued to rise strongly.
  • Investment intentions had continued to strengthen.
  • Growth in business services turnover had increased, largely due to rising activity among professional and financial services firms.
  • Growth in manufacturing output had picked up further, both for the domestic market and for export.
  • Growth in construction output had remained robust, led by house building.
  • Corporate credit availability had continued to ease, though it remained tight for small companies.
  • Employment intentions had edged up further. Recruitment difficulties had remained slightly above normal.
  • Capacity utilisation had remained close to normal.
  • Annual growth in labour costs per head had remained moderate, though had edged higher in the service sector.
  • Materials costs and imported finished goods prices had been little changed on a year earlier.
  • Output price inflation had remained unchanged. Profitability had continued to improve gradually as turnover had risen.
  • Consumer price inflation had been unchanged, remaining higher for services than for goods. 

PDFAgents' Summary of Business Conditions - April 2014

This page was last updated 31 January 2023