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”

Back Issues of the West Midlands Weekly Economic Impact Monitor

WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “Back Issues of the West Midlands Weekly Economic Impact Monitor”

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”

West Midlands Weekly Economic Impact Monitor – 28th May 2021

This week ONS released the latest GVA (for 2018-2019): the UK average was 3.5% GVA growth. WMCA GVA grew by 1.99% to £106.7bn in 2019, which is lower than expected for that year by many forecasters (Oxford Economics had forecast £110.8bn and are currently revising their forecasts). The Black Country grew by 1.29% to £22.3bn … Continue reading “West Midlands Weekly Economic Impact Monitor – 28th May 2021”

West Midlands Weekly Economic Impact Monitor – 14th May 2021

This week we welcome Andy Street back as Mayor. Following the easing of restrictions, signs of recovery and opening up may signal a new positive phase in the pandemic. We are also pleased to let readers know that the WMCA approach through the Monitor and the State of the Region has received recognition from the … Continue reading “West Midlands Weekly Economic Impact Monitor – 14th May 2021”

West Midlands Weekly Economic Impact Monitor – 16th April 2021

The latest GDP figures indicate the scale of recovery required as service businesses, including shops, restaurants and hairdressers, begin to re-open their doors this week. However, unlike the recessions of the past, many jobs have been retained (due to furlough and other government schemes), and as lockdowns are in place, many individuals have saved up … Continue reading “West Midlands Weekly Economic Impact Monitor – 16th April 2021”

West Midlands Weekly Economic Impact Monitor – 26th March 2021

This week, the Office for National Statistics (ONS) reported that productivity grew at the fastest rate on record in the middle of 2020 when compared with the quarter before, but this fell away again in the last three months of the year. This was mainly because the least productive industries were those hardest hit by … Continue reading “West Midlands Weekly Economic Impact Monitor – 26th March 2021”

West Midlands Weekly Economic Impact Monitor – 19th March 2021

This week it good to highlight the vaccine rollout continues at pace. The Midlands has successfully vaccinated 3,358,909 people with the first dose of the vaccine and 95,203 of these individuals have received the second dose. The Midlands has successfully continued to provide the most doses of the first jab and has remained the 3rd … Continue reading “West Midlands Weekly Economic Impact Monitor – 19th March 2021”