Monday, 21 December 2009

Increased Investment In Services

Business investment fell by 0.6% on the last quarter and by 19.9% on Q3 2008. Q3 2009 investment stood at £29,102m. Private sector investment in services increased by 0.1% to £20,430m. Manufacturing and other production accounted for £2,618m and £4,532m respectively. Construction increased by 9.2% and accounted for £569m and public corporations made £953m of business investment a fall of 1.8%.

Investment in computer software and hardware accounted for about 9.5% of all business investment in the private sector, equally divided between software and hardware. In manufacturing investment in computer software and hardware is about 7% and in services it is about 11%.

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