September Monthly Brief | EEF

September Monthly Brief

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Data Round Up

  • UK economy picks up in q2, expanding by 0.4%. This growth is driven by the dominant services sector and revival in construction activity.
  • Labour market continues to thrive, with the unemployment rate dropping to a fresh low of 4.0%.
  • UK manufacturing eases considerably in August, with the manufacturing PMI dropping to 52.8.
  • US economy continues to run ahead of its global competitors, expanding by 1% in q2. The US remains the driving force behind the global economy.

 

You can read the full economic briefing here

 


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