West Midlands Economic Impact Monitor – 15 October 2021

This week the IMF has dropped its expected growth forecast for many of the leading economies globally. This reflects disruptions to supply chains and a softening of consumption in the third quarter. As government spending is slowing down on Covid-19 relief programmes, many consumers are reining in their spending, especially as inflation is hitting prices … Continue reading “West Midlands Economic Impact Monitor – 15 October 2021”

West Midlands Economic Impact Monitor – 1 October 2021

The optimism about the economic recovery that characterised many indices of business confidence in June and July has given way to a much more mixed picture as we move into Autumn. Recently it has become clear that multiple global issues, such as climate change, port delays, container shortages, HGV driver shortages, Covid-19 spikes and subsequent … Continue reading “West Midlands Economic Impact Monitor – 1 October 2021”

West Midlands Weekly Economic Impact Monitor – 17th September 2021

This fortnight there have been a number of significant announcements on social care financing, latest furlough data and the PMI, along with a cabinet reshuffle this week. Midlands MP Nadhim Zahawi is the new Education Secretary and Michael Gove has moved to MHCLG. As an avowed public sector reformer, this latter appointment could signal changes … Continue reading “West Midlands Weekly Economic Impact Monitor – 17th September 2021”

West Midlands Weekly Economic Impact Monitor – 20th August 2021

Whilst the world is looking at events in Afghanistan, the UK has seen a resurgence in infection rates, and the number of daily new cases confirmed in the UK is now the highest out of the selected European countries. 8% of West Midlands adults reported they were self-isolating; the highest region in Great Britain for … Continue reading “West Midlands Weekly Economic Impact Monitor – 20th August 2021”

West Midlands Weekly Economic Impact Monitor – 6th August 2021

This week three major intelligence products for partners have been launched. These are: (1) the Cultural Infrastructure Map – cultural facilities are the cornerstone of our arts and cultural ecology, which will help support the arts and cultural sector. (2) The WMREDI partnership launched the State of the Region 2021 and the reports can be … Continue reading “West Midlands Weekly Economic Impact Monitor – 6th August 2021”

West Midlands Weekly Economic Impact Monitor – 23rd July 2021

This week England has opened up, lifting most of the restrictions in place to date. This has been met with mixed reviews, especially as Covid-19 cases are rising. It remains to be seen what impact opening up has overall and how public perceptions and behaviour unfold over the coming weeks. The UK has seen a … Continue reading “West Midlands Weekly Economic Impact Monitor – 23rd July 2021”

Event: Launch of the State of the Region 2021 – 4th August 2021, 14:00 – 15:30

This year we are launching the fifth annual review of the State of the Region 2021 looking at how the region has fared in the last 12 months. We are launching the report and the West Midlands Data Lab and highlighting some of the research and data which has been ongoing over the last 12 … Continue reading “Event: Launch of the State of the Region 2021 – 4th August 2021, 14:00 – 15:30”

West Midlands Weekly Economic Impact Monitor – 9th July 2021

This week the UK has seen a resurgence in infection rates, and the daily new cases confirmed in the UK are now the highest out of the selected European countries. This comes as vaccination rates per day in the UK fall and social distancing rules are relaxed, including the re-opening of pubs; which are seeing … Continue reading “West Midlands Weekly Economic Impact Monitor – 9th July 2021”

West Midlands Weekly Economic Impact Monitor – 25th June 2021

This week’s Monitor shows how, generally, the world economy is picking up with pent up demand starting to be released as countries unlock. However, in the UK this week there are stark warnings about the food and drink industry facing labour shortages, especially in fresh food and haulage. This is mainly due to the impact … Continue reading “West Midlands Weekly Economic Impact Monitor – 25th June 2021”

West Midlands Weekly Economic Impact Monitor – 11th June 2021

This week’s monitor looks at the delayed GVA statistics for 2019, where the region’s growth was lower than expected. Many indicators and surveys are pointing to an emerging recovery, but it is highly dependent on the opening up of the cities and high streets. Published research is turning to the opening up of cities and … Continue reading “West Midlands Weekly Economic Impact Monitor – 11th June 2021”