{"id":6749,"date":"2019-11-19T09:00:18","date_gmt":"2019-11-19T09:00:18","guid":{"rendered":"https:\/\/blog.bham.ac.uk\/cityredi\/?p=6749"},"modified":"2023-02-16T10:48:15","modified_gmt":"2023-02-16T10:48:15","slug":"west-midlands-economic-monitor-november-2019","status":"publish","type":"post","link":"https:\/\/blog.bham.ac.uk\/cityredi\/west-midlands-economic-monitor-november-2019\/","title":{"rendered":"West Midlands Economic Monitor: November 2019"},"content":{"rendered":"<p><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6752\" src=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19.png\" alt=\"\" width=\"900\" height=\"525\" srcset=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19.png 1295w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19-300x175.png 300w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19-768x448.png 768w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19-1024x597.png 1024w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-Nov-19-250x146.png 250w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a>November&#8217;s edition of the West Midlands Economic Monitor is now available for you to keep up to date with recent developments in the region.<\/p>\n<p><iframe loading=\"lazy\" title=\"West Midlands Economic Monitor, November 2019 - 60 second challenge\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/zoZ9S8bBAag?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>The headlines for this month&#8217;s monitor are:<\/p>\n<ul>\n<li>Headline West Midlands business activity\u2014accounting for services and manufacturing\u2014has risen to 50.6, the second-highest in the country, behind London.<\/li>\n<li>The West Midlands was one of the four regions with GDP growth above the UK level from 2018 Q1 to 2019 Q1 at 2.3% compared to the UK average of 2.2 %.<\/li>\n<li>In the year ending June 2019, the employment rate in the WMCA (3-LEP area) was 71.7% (1,848,300 people) compared to 75.5% for the UK overall.<\/li>\n<li>Research shows that up to 70% of Wholesale &amp; Retail industry businesses in the WM sell goods to (non-UK) EU nations, compared 22% for the services sector as a whole.<\/li>\n<li>Recently released data shows that in 2019 the West Midlands area exported \u00a316.6bn worth of goods across the world and imported \u00a315.3bn, leading to a trade surplus of \u00a31.3bn.<\/li>\n<li>New data shows that in August the WMCA area had 3,976 households who had their Housing Benefit capped, a decrease of 27.8% (- 1,528 households) from August 2018 compared to a 25.3% decrease for Great Britain.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2019\/11\/WMEM-2019-11_c.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download the latest edition of the monitor<\/a>.<\/p>\n<hr \/>\n<p><strong><em>The West Midlands Economic Monitor was written by <a href=\"https:\/\/twitter.com\/benabrittain?lang=en\" target=\"_blank\" rel=\"noopener noreferrer\">Ben Brittain<\/a>, Policy and Data Analyst, City-REDI,\u00a0 University of Birmingham.<\/em><\/strong><\/p>\n<p><strong><em>Disclaimer:\u00a0<\/em><\/strong><em><br \/>\nThe opinions presented here belong to the author rather than the University of Birmingham.<\/em><\/p>\n<p><strong>To sign up for our blog mailing list, please\u00a0<a href=\"mailto:cityredi@contacts.bham.ac.uk?Subject=City-REDI%20Blog%20Mailing%20List\" target=\"_blank\" rel=\"noopener noreferrer\">click here<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>November&#8217;s edition of the West Midlands Economic Monitor is now available for you to keep up to date with recent developments in the region. The headlines for this month&#8217;s monitor are: Headline West Midlands business activity\u2014accounting for services and manufacturing\u2014has risen to 50.6, the second-highest in the country, behind London. The West Midlands was one &hellip; <a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/west-midlands-economic-monitor-november-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;West Midlands Economic Monitor: November 2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":395,"featured_media":6752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[714],"tags":[217,542,544,543,111,322],"class_list":["post-6749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-west-midlands-weekly-economic-impact-monitor","tag-economy","tag-exports","tag-gdp-growth","tag-housing-benefit","tag-west-midlands","tag-west-midlands-economic-monitor"],"_links":{"self":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/6749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/comments?post=6749"}],"version-history":[{"count":3,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/6749\/revisions"}],"predecessor-version":[{"id":6782,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/6749\/revisions\/6782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media\/6752"}],"wp:attachment":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media?parent=6749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/categories?post=6749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/tags?post=6749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}