Headlines from this month's update are:
The first economic report of the year to come from EEDA's Policy team also includes an analysis of economic activity rates broken down to a county level and also a focus on the productivity of the region's cities.
David Marlow, chief executive of EEDA, said: 'Looking at some of the figures detailed in the report it would be easy to be slightly confused by what the data is telling us. In one instance growth is improving because of the performance and diversification of the manufacturing sector but on the other unemployment rose because of redundancies in the same sector.
'However there is a sense that we have reached the end of an economic trough as growth and innovation are increasing while the fall in employment and housing prices is no longer as high as earlier in 2005. It may be too early to say we have definitely turned the corner but I think the signs are good for 2006.'
The Quarterly Economic Update is available online at: www.eastofenglandobservatory.org.uk