Hertfordshire LEP economic briefing
We have published our latest quarterly economic update. The headlines for Hertfordshire are:
Business conditions continue to improve on the back of growing consumer confidence, near zero inflation and an easing of credit.
Average house prices in Hertfordshire where the monthly change in prices continues to outstrip the national trend. Average house prices in the county are just shy of £300,000.
The number of people in Hertfordshire claiming Job Seekers’ Allowance fell by almost 3,000 in the last 12 months.
Figures published in June by UK Trade and Investment highlight continuing growth in the number of Inward Investment successes in Hertfordshire with a 60% increase in new jobs created on the previous year.