December US / UK Foreign Direct Investment (FDI) news

ECONOMIC INDICATORS

UK
  • Gross domestic product in volume terms increased by 1.0% in 2012 Q3, unrevised from previous estimate published in October.
  • CPI annual inflation was 2.7% in October, up from 2.2% in September. RPI annual inflation was 3.2% in October, upfrom 2.6% in September.
  • Service sector output was estimated to have increased by 1.1% in September 2012 compared with September 2011.
London
  • London’s annual growth in output decreased to 0.1% in Q2 2012 from an upwardly revised 0.9% in Q1 2012.
  • London’s annual employment growth increased to 2.6% in Q2 2012 from an upwardly revised 0.9% in Q1 2012.
  • Annual house price inflation in London was 3.8% in Q3 2012, up froman upwardly revised 2.8% in Q2 2012.
US

  • Real gross domestic product (GDP) grew at an annual rate of 2.7% in the third quarter of 2012. This follows a growth rate of 1.3% in the second quarter of 2012.
  • In October, personal income increased $0.4 billion, or less than 0.1%, disposable personal income (DPI) increased $0.8 billion, or less than 0.1%, and  personal consumption expenditures (PCE) decreased $20.2 billion, or 0.2 % .
  • The September 2012 international trade deficit decreased 5.1% from August, to $41.5 billion. Exports rose 3.1%, to $187.0 billion, and imports increased 1.5%, to $228.5 billion.
NY
  • Private employment fell by 5,900 in October 2012 after a decline of 9,700 jobs in September. (Source: New York State Dept. of Labour).
  • The unemployment fell from 9.5% in September 2012 to 9.3% in October. (Source: New York State Dept. of Labour).
  • The Manhattan hotel occupancy rate in September 2012 was 89.2%, down from 90.2% in September 2011. (Source: New York State Dept. of Labour).
TRANSATLANTIC INVESTMENTS

US Investments into the UK
 
  • Technology Crossover Ventures Opens London Office
  • Genesis Gaming Announces New Office in London
  • Santron Capital Partners Opens UK Office
  • SumTotal Systems Opens New EMEA Headquarters in UK
UK Investments into the US
  • Griffin Law Opens Office in the US
  • Rolls-Royce to Expand Plant in the US