Seeda Dashboard July09
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South East England Economy Dashboard July 2009
![Purchasing Managers’ Index (PMI) scores : Less than 50 – falling activity compared to previous month 50 – no change on previous month More than 50 – rising activity compared to previous month Used for: Business Activity, New orders, Employment intentions Amber – Similar score / number Red – Worse score or absolute number than in the previous survey Shows ‘overall’ conditions: Red – conditions are currently difficult Green – conditions have improved Net scores : determined by subtracting the percentage of companies reporting decreases in a factor from the percentage of companies reporting increases. Less than 0 – more firms reporting decreases than increases 0 – similar numbers of firms reporting decreases and increases More than 0 – more firms reporting increases than decreases Used for: Cost of finance, Planned investment, house prices ,[object Object],[object Object],[object Object],Green – Better score or absolute number than in the previous survey Example 1: NB – negative score can be good e.g. decrease in cost of finance Planned Investment -2 June 2009 Net score Example 2: New Orders RBS PMI, May 2009, April May change ,[object Object],[object Object],[object Object],[object Object],Sources: RDA NBS – RDAs’ National Business Survey RICS – Royal Institute of Chartered Surveyors ONS – Office for National Statistics BIS – Department for Business, Innovation & Skills JC+ - Jobcentre Plus RBS PMI – Royal Bank of Scotland Purchasing Managers’ Index](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Seeda Dashboard July09
- 1. Monthly Economy Dashboard July 2009 Business Indicators 50=no change Labour Market Finance & Investment (<0 = decrease ; >0 = increase) Other Indicators Firms with output below capacity House prices Redundancy notifications Vacancies Unemployment Cost of finance Planned Investment 2,200 -1.7 -2 30,000 70% 152,000 New Orders RDA NBS, June 2009 RDA NBS, June 2009 BIS/JC+, June 2009 RDA NBS, June 2009 RICS, June 2009 ONS, June 2009 Claimant count, ONS, June 2009 0 See next page for legend Net score Net score Net score RBS PMI, June 2009, May June change Business Activity RBS PMI, June 2009, May June change Employment intentions RBS PMI, June 2009, May June change