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We're the UK's fastest growers Region overtakes the South East for output and jobs
- Article from:
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Western Daily Press (Bristol UK)
- Article date:
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August 15, 2007
- Author:
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Copyright informationCopyright 2007 Western Daily Press (Bristol UK). Provided by ProQuest LLC. (Hide copyright information)
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Region overtakes the South East for output and jobs
The South West economy kept pole position among the UK regions in
June, outperforming all other areas in output and employment growth.
This was among key findings in Royal Bank of Scotland's latest PMI
(Purchasing Managers' Index) Report.
Private sector output in the South West continued to rise at a
marked rate despite easing from May's record pace.
The seasonally-adjusted business activity index was strong at
59.5. Though this was the second-lowest figure of the year it is
still well above the long-run average of 54.5 and that of the UK
(57.5).
Over the second quarter the South West posted the fastest growth
of the UK's 12 regions, ...
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