{"id":7598,"date":"2020-03-20T11:49:33","date_gmt":"2020-03-20T11:49:33","guid":{"rendered":"https:\/\/blog.bham.ac.uk\/cityredi\/?p=7598"},"modified":"2023-02-16T10:45:53","modified_gmt":"2023-02-16T10:45:53","slug":"west-midlands-economic-monitor-march-2020","status":"publish","type":"post","link":"https:\/\/blog.bham.ac.uk\/cityredi\/west-midlands-economic-monitor-march-2020\/","title":{"rendered":"West Midlands Economic Monitor: March 2020"},"content":{"rendered":"<p><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7599\" src=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020.png\" alt=\"\" width=\"900\" height=\"523\" srcset=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020.png 900w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020-300x174.png 300w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020-768x446.png 768w, https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-Mar-2020-250x145.png 250w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a>March&#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>This month&#8217;s monitor shows:<\/p>\n<ul>\n<li>PMI softened in February, but still depicted growth, and the claimant count has increased by over 20,000 people since last year.<\/li>\n<li>The global COVID-19 pandemic is beginning to show evidence that we are heading into a global recession, whilst UK GDP could decline by as much as 15%.<\/li>\n<li>The government has committed to the Midlands Rail Hub, a \u00a32 billion rail plan to improve east-west rail connectivity, and capitalise on HS2, will provide a productivity boost via a greater and enlarged labour force.<\/li>\n<li>During February, private-sector output in the West Midlands continued to expand, building on the growth that began at the start of 2020 following the General Election.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/wp-content\/uploads\/sites\/15\/2020\/03\/WMEM-2020-03.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download the latest edition of the monitor (PDF).<\/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>March&#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. This month&#8217;s monitor shows: PMI softened in February, but still depicted growth, and the claimant count has increased by over 20,000 people since last year. The global COVID-19 pandemic is beginning &hellip; <a href=\"https:\/\/blog.bham.ac.uk\/cityredi\/west-midlands-economic-monitor-march-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;West Midlands Economic Monitor: March 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":395,"featured_media":7599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[714],"tags":[641,122,642,245,466,111,322],"class_list":["post-7598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-west-midlands-weekly-economic-impact-monitor","tag-covid-19","tag-employment","tag-global-recession","tag-hs2","tag-midlands-rail-hub","tag-west-midlands","tag-west-midlands-economic-monitor"],"_links":{"self":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/7598","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=7598"}],"version-history":[{"count":3,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/7598\/revisions"}],"predecessor-version":[{"id":7603,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/posts\/7598\/revisions\/7603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media\/7599"}],"wp:attachment":[{"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/media?parent=7598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/categories?post=7598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.bham.ac.uk\/cityredi\/wp-json\/wp\/v2\/tags?post=7598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}