gbslep kpi report kpi dashboard · the q2 qbr found that 50% of firms attempted to recruit in q2...
TRANSCRIPT
October 2017
GBSLEP KPI Report
1
KPI Baseline Current Progress
To Date Latest Data
Create 250,000 Private Sector Jobs by 2030 to be the Leading Core City LEP for Private Sector Job Creation
633,600 767,800 134,200
54% Delivered 22,600
Increase GVA by £29bn by 2030
£40.0bn £44.5bn £4.5bn 15% Delivered £1.8bn
Decrease Unemployment to the National Average by 2020 &
2.7% Point Gap with UK
2.0% Point Gap with UK
0.7% Points
26% Delivered
+0.2% Points
To Have the Lowest Unemployment Amongst the LEP Core Cities by 2030
5.1% Point Gap with
Leading CC
3.3% Point Gap with
Leading CC
1.8% Points
35% Delivered
+0.3% Points
GBSLEP to be the Leading Core City LEP by 2030 for GVA per Head
£7,123 Per Head Gap
£6,124 Per Head Gap
£999 Per Head
14% Delivered
£692 Per Head
Increase the % of Working Age Population with NVQ3+ to the National Average by 2025
5.6% Point Gap with
UK
6.6% Point Gap with
UK
+1.0%
point
A
+1.0% Point
New KPIs - To be Baselined from 2015
Increase Productivity Rates to the National Average by 2030
-£3.84 GVA per Hour Gap
(2015 data)
-
-
£0.10 Per Hour
GBSLLEP to be the Leading Core City LEP for Quality of Life by 2030
-Ranked 5/8
(2013-15)
- -
Gap in index
Score down 5%
KPI Dashboard
GBSLEP KPI Report October 2017
KPI Baseline Current Progress
To Date Latest Data
Labour Market Indicators
Claimant Unemployment 67,260 38,490 -28,770 -10
WM Employment 2,489,000 2,598,000 +109,000 +34,000
WM Emp. Rate 69.0% 72.7% +3.7% +0.9%
WM Unemployment 243,700 161,800 -81,900 -2,300
WM Unemployment Rate 8.9% 5.9% -3.0% -0.2%
% Business 10%+ Employment Growth n 3 Consecutive Years
24% 23% -1% -3%
FDI Jobs Created 764 2,670 1,906 -1,856
Economic Output Indicators
Private Sector Business Start-ups
5,021 9,178 +4,157 +1,319
Business Start-up Rate (per10,000 of Pop)
26.0 46.0 +20 +6.6
Start-up 3 Year Survival Rate
48.4% 51.6% +3.2% -1.0%
% Start-ups Reaching £1m+ Turnover After 3 Years
5.8% 4.8% -1.0% +0.1%
QBR - Domestic Sales Index
66 68 +2 -1
QBR - Export Sales Index 63 63 Unchanged -1
West Midlands Exports (quarterly - goods only)
£4.1bn £7.9bn +£3.8bn +£0.3bn
West Midlands PMI Business Activity Index
56.0
58.6
+2.6 +1.9
Leading Indicators Dashboard
GBSLEP KPI Report October 2017
KPI Baseline Current Progress
To Date Latest Data
Labour Market Indicators
Claimant Unemployment Rate Differential
-2.6% point gap
-1.6% point gap
-1.0% point
No Change
-1.6% point gap (with Core City LEPs)
-0.8% point gap
-0.8% point
No Change
GBSLEP Employment Rate Differential
-5.3% point gap
-4.6% point gap
-0.7% point
-0.8% point
-2.9% point gap (with Core City LEPs)
-2.4% point gap
-0.5% point
-0.4% point
% Business 10%+ Employment Growth in 3 Consecutive Years
-0.5% point gap
+0.6% point gap
+1.1% point
-0.3% point
-0.6% point
gap (with Core City LEPs)
-0.2% point gap
+0.4% point
-0.6% point
Economic Output Indicators
Business Start-up Rate Differential (per 10,000 of Pop)
-4.2 gap -3.0 gap -1.2 gap -6.3 gap
+1.9 gap (with Core
City LEPs)
+6.7 gap (with Core City
LEPs) +4.6 gap +5.9
Start-up 3 Year Survival Rate Differential
+3.0% point gap
-2.0% point gap
-5.0% point
+1.0% point
+6.2% point gap (with Core City LEPs)
-1.9% point gap (with Core City LEPs)
+8.1% point
+0.9% point
% Start-ups Reaching £1m+ Turnover After 3 Years Differential
-0.1% point gap
+0.1% point gap
-0.2% point
-0.2% point
+0.2% point gap (with Core City LEPs)
+0.3% point gap (with Core City LEPs)
+0.1% point
+0.2% point
Leading Indicators Comparison Dash-
KPI 1 Create 250,000 Private Sector Jobs by 2030
Private Sector Workplace Employment
Area 2010 2011 2012 2013 2014 2015
Change 2010 - 2016
2016 Number
% of LEP Total
% Growth
Birmingham 338,700 355,200 362,700 365,500 386,700 393,200 62,000 46.2% 18.3% 400,700
Bromsgrove 28,700 29,200 30,700 30,300 31,700 33,300 14,800 11.0% 51.6% 43,500
Cannock Chase 28,500 28,400 29,600 30,300 33,700 34,200 7,100 5.3% 24.9% 35,600
East Staffordshire 45,900 48,100 46,100 48,200 52,600 53,500 6,500 4.8% 14.2% 52,400
Lichfield 33,700 34,800 34,700 36,400 39,000 43,400 11,900 8.9% 35.3% 45,600
Redditch 29,700 29,900 30,400 30,900 31,100 33,400 2,600 1.9% 8.8% 32,300
Solihull 77,400 80,000 87,200 85,100 90,600 98,200 26,200 19.5% 33.9% 103,600
Tamworth 23,800 23,500 27,200 25,300 26,500 28,100 2,300 1.7% 9.7% 26,100
Wyre Forest 27,200 27,500 27,700 26,100 27,200 28,000 800 0.6% 2.9% 28,000
GBSLEP 633,600 656,600 676,200 678,000 719,100 745,200 134,200 100.0% 21.2% 767,800
134,200 Jobs
Created
54% Of Target Delivered
Trends
After declining during the recession to stand at 633,600 in 2010, private sector jobs in the GBSLEP area grew strongly in 2011 (+23,000) and 2012 (+19,600). Growth was slower in 2013 (+1,800) but accelerated again in 2014 (+41,100) and 2015 (+26,100). In 2016 private sector employment grew by a further 22,400 to now stand at 767,8,00. This is 134,200 above the baseline, with 54% of the 205,000 target achieved.
Milestones
Proposed t milestones see the majority of the job growth occurring in the period between 2020 to 2030 with 40% of the target to be delivered in the first decade and 60% in the second. Significant private sector jobs growth to date has resulted in the GBSLEP being well ahead of profile in achieving the 250,000 jobs target.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
600,000
650,000
700,000
750,000
800,000
2010 2011 2012 2013 2014 2015 2016
GBS LEP Private Sector Employment
Change from Baseline Total Private Sector Employment
0
10,000
20,000
30,000
40,000
50,000
600,000
650,000
700,000
750,000
800,000
850,000
900,000Private Sector Jobs Milestones
Annual Job Growth Actual Employment
Target Profile
LEP LA Performance
All nine areas have seen private sector employment growth since 2010. The majority of the 134,200 private sector jobs that have been created in the GBSLEP area between 2010 and 2016 have come in Birmingham with 62,000 jobs created in the city. This accounts for nearly half (46%) of all the private sector jobs created; Solihull is the next largest contributor with 26,200 (20%). As the two largest economies in the LEP area this would be expected. If we look at the % growth in private sector employment in each area we can see that Bromsgrove (52%) and Lichfield (36%) have seen the biggest rise proportionately in private sector jobs.
KPI 1 Create 250,000 Private Sector Jobs by 2030
Intermediate & Contextual Indicators As this KPI is measured by data released annually with a one year time lag the following intermediate indicators are displayed in order to highlight current performance and trends relating to this KPI.
Increased27%
Unchanged 62%
Decreased11%
0%
10%
20%
30%
40%
50%
60%
70%
Attempted toRecruit
DifficultyRecruiting
Q1 2017 Q2 2017
Recruitment The Greater Birmingham Chamber Quarterly Business Report (QBR) Q2 2017 shows that in April to June 2017 27% of firms in the LEP area saw there workforce increase, down slightly from Q1 and the share of firms whose workforce decreased rose from 8% in Q1 to 11%..
Recruitment Difficulties The Q2 QBR found that 50% of firms attempted to recruit in Q2 2017 down on the previous quarter. The majority of jobs recruited for were full-time, permanent positions. There was a rise in the percentage of firms experiencing recruitment difficulties from 63% in Q1 to 65% in Q2. The main reasons cited by firms were candidates not having the right skills, qualifications or levels of experience, but also candidates not having the correct attitude for work.
Resident Employment Rates Whilst a significant number of private sector jobs (134,200) have ben generated in the LEP area since 2010, public sector employment has fallen by 27,500 so net workplace employment growth stands at 107,700. The number of LEP residents (16+) in employment after falling initially has picked up over recent years to reach a level well above the high reached prior to the downturn. The latest data for Q1 2017 shows a rise in resident employment in the LEP, up by 5,000 to 897,300.
27%
of firms reported an increase in labour force in
Q2
780,000
800,000
820,000
840,000
860,000
880,000
900,000
920,000
Resident Employment
Pre Recession Peak
KPI 2 Increase GVA by £29bn by 2030
£4.5bn GVA
Growth
15% Of Target Delivered
Trends
Real GVA (which removes the impacts of inflation) in the GBSLEP fell sharply during the recession but has shown a steady recovery since 2009 with the 2015 figures pushing economic output in the LEP area back above its pre-recessi0n peak for the first time. 2015 figures show real GVA is above the 2010 baseline level and up on 2014 also.
Milestones
The proposed GVA milestones see the majority of the output growth occurring in the period between 2020 to 2030 with 40% of the target to be delivered in the first decade and 60% in the second. This is to take into account that major GBSLEP initiatives will impact more on GVA in the second decade. The 2015 figures have pushed us slightly ahead of profile to deliver the GVA growth target as shown in the chart opposite.
LEP LA Performance
GVA figures are not available at district LA level the lowest geographical level that official GVA data is available at is for Unitary Authority. However, a figure for the Districts as a whole can be derived and GVA figures for Birmingham, Solihull and the Districts are presented in the table below. Birmingham was the biggest contributor to economic growth in the LEP area in 2015 (+£1.1bn) accounting for 61% of GVA growth. Solihull experienced the strongest growth rate with its economy expanding by 7.7% in 2015, both Solihull and Birmingham had stronger output growth than nationally (2.2%) in 2015.
-3,000
-2,000
-1,000
0
1,000
2,000
3,000
34,000
36,000
38,000
40,000
42,000
44,000
46,000
2005 2007 2009 2011 2013 2015
GBS LEP Real GVA
Total GVA (£m)
0
200
400
600
800
1,000
1,200
1,400
1,600
35,000
40,000
45,000
50,000
55,000
60,000
65,000
70,000Real GVA Milestones
Annual GVA Growth Actual GVA £m Target Profile
GBSLEP Real GVA 2015 £m
Area 2010 2011 2012 2013 2014 2015
Change 2014-2015
£m %
Birmingham 22,404 22,626 22,636 23,113 23,681 24,790 1,109 4.7%
Solihull 5,475 5,375 5,796 5,808 6,195 6,672 477 7.7%
Districts 12,134 12,312 12,290 12,276 12,798 13,023 226 1.8%
GBSLEP 40,014 40,313 40,722 41,196 42,674 44,485 1,812 4.2%
2015 GVA
Birmingham Solihull Districts
GVA up
£1.1bn
4.7%
GVA up
£477m
7.7%
GVA up
£226m
1.8%
KPI 2 Increase GVA by £29bn by 2030
Intermediate & Contextual Indicators
As this KPI is measured by data released annually with a one year time lag the following intermediate indicators are displayed in order to highlight current performance and trends relating to this KPI.
Increased 68%
Unchanged21%
Decreased11%
Business Confidence The majority of firms (68%) in the GBSLEP area ere still expecting turnover to improve over the coming 12 months. A decrease from the 72% recorded in Q1 2017.
Productivity - GVA per Hour Worked The latest official GVA per hour worked figures which are the ONS preferred measure of productivity are displaced in the adjacent chart which shows that of the LEP core cities the GBSLEP has the 5th highest productivity at £27.98 per hour compared to £31.82 for the UK as a whole. The Bristol LEP is the only core city LEP with higher productivity than the UK. Annual productivity growth in the GBSLEP was 1.6% last year the third strongest amongst the LEP core cities. after Liverpool LEP.
GVA per Worker If we look at GVA per worker the GBSLEP performs better having the second highest rate amongst the core city LEPs. GVA per worker in the LEP is well below the national average which we can see from the table is heavily skewed by London. GVA per worker rose in seven of the eight core city LEP areas last year and at a national level but fell in London.
68%
of firms expect turnover to
improve in next 12 months
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
£20.00
£22.00
£24.00
£26.00
£28.00
£30.00
£32.00
£34.00
£36.00
GVA per Hour 2015 Growth 2014-2015
Ranked Core City Real GVA per Worker 2015 £
Area 2014 2015
Change 2014-2015
£ %
West of England 54,732 55,878 1,146 2.1%
GBSLEP 48,275 49,373 1,098 2.3%
Liverpool City Region 47,221 48,146 925 2.0%
Greater Manchester 47,127 48,103 976 2.1%
Leeds City Region 46,868 47,068 200 0.4%
D2N2 47,640 47,039 - 600 -1.3%
North Eastern 45,579 45,651 72 0.2%
Sheffield City Region 44,016 44,136 120 0.3%
CC LEP Total 47,416 47,854 438 0.9%
London 75,809 75,138 - 671 -0.9%
England 55,600 55,768 168 0.3%
England Exc. London 50,761 51,046 285 0.6%
KPI 3 Decrease Unemployment to the National Average by 2020
& To Have the Lowest Unemployment Amongst the LEP Core Cities by 2030
Milestones
The latest data saw the unemployment differential with the UK open a little (+0.2% points in Q1 2017) after contracting quite sharply in Q4 2016 (-0.5% points). The GBSLEP is still currently behind its target profile to close the gap with the UK by 2020.
As with the profiles for KPI 1 & 2 the majority of the gap with the leading core city LEP is profiled to be closed in 2020 to 2030. The gap with the West of England has fluctuated over recent years but increased to 3.3% points in Q1 (up by 0.3% points on Q4 2016) but is down by 1.8% points on the baseline position and currently ahead of profile.
Gap Down by
0.7% Points
26% Of Target Delivered
Gap Down by
1.8% Points
35% of Target Delivered
West of
England 3.6%
Manchester
6.1%
Leeds
4.6%
Sheffield
5.7%
GBSLEP
6.9%
UK
4.9%
North
East 7.4%
D2N2
4.2%
LEP Cc Average
5.6%
Liverpool
5.2%
LEP Core City Unemployment Rates Q1 2017
0.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%
Unemployment Milestones - UK
Actual Gap Target Profile
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
Unemployment Milestones- Core Cities
Actual Gap Target Profile
KPI 3 Decrease Unemployment to the National Average by 2020 & To Have the Lowest Unemployment Amongst the LEP Core Cities by 2030
Intermediate & Contextual Indicators As this KPI is measured by data released quarterly with a four month time lag the following indicators are displayed in order to highlight current performance and trends and provide context for this KPI.
District Unemployment Claimant Count Data
Economic Activity Economic activity is a measure of labour market participation it is a count of those of working age who are employed or unemployed but actively seeking work. After falling sharply during 2013-2015 which saw the gap with the UK widen economic activity in the LEP has begun to recover in recent months. In Q1 2017 the economic activity rate increased from 73.9% to 74.5% and the gap with the UK fell to 3.3% points.
Claimant Count Unemployment After falling sharply in the recovery unemployment has plateaued and in recent months the claimant count rate has fluctuated. The most recent data for August 2017 shows the clai9mant count decreasing marginally by 10 to 38,490 (4.0%). The claimant count rate gap between the GBSLEP and the core city LEP average remained at 0.8% points. Claimant unemployment by LEP LA is shown in the table below.
70.0
72.0
74.0
76.0
78.0
80.0
16-64 Economic Activity Rate
UK GBS LEP
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%Chart 2: Core City LEP Unemployment
GBSLEP Greater Manchester Liverpool City Region Pan London United Kingdom Core Cities LEP Average
Claimant Unemployment - August 2017
Area JSA Claimants UC Claimants
Total Claimant Unemployed
Number Claimant Pro-
portion Claimant Rate
Birmingham 22,473 8,942 31,415 4.3% 6.2%
Bromsgrove 411 234 645 1.1% 1.3%
Cannock Chase 454 326 780 1.2% 1.4%
East Staffordshire 402 338 740 1.0% 1.2%
Lichfield 239 216 455 0.7% 0.9%
Redditch 581 354 935 1.8% 2.2%
Solihull 1,282 1,038 2,320 1.8% 2.2%
Tamworth 267 178 445 0.9% 1.1%
Wyre Forest 470 280 750 1.3% 1.6%
GBS LEP 26,579 11,911 38,490 3.0% 4.0%
UK 476,718 329,777 806,495 1.9% 2.4%
Claimant proportion: claimants divided by 16-64 population. Claimant rate: claimants divided by economically active. 16+ population
KPI 4 GBSLEP to be the Leading Core City LEP by 2030 for GVA per Head
Gap Down £999
Per Head
14% Of Target Delivered
Trends
The gap in real GVA per head between the GBSLEP and the leading LEP (West of England LEP) widened during the recession, the gap narrowed in the early part of the recovery before widening again in 2013 and 2014. The strong GVA growth in the GBSLEP in 2015 has seen the gap narrow by £692 last year.
Milestones
The proposed GVA per head milestones see the majority of the closing of the GVA per gap occurring in the period between 2020 to 2030 with 40% of the target to be delivered in the first decade and 60% in the second. The GVA per head differential is below the 2010 baseline but currently slightly behind target profile. -1,000
-800
-600
-400
-200
0
200
400
600
800
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000GVA per Head Milestones
Annual Change in GVA per Head Gap Actual Gap £ Target Profile
GVA per Head by Area
2015 GVA per head figures and how they have changed between 2014-2015 in the three component areas of the LEP are displayed in the chart opposite. Solihull has the highest GVA per head in the LEP area and has experienced the strongest growth between 2014 and 2015. GVA per head growth in Birmingham and Solihull was above the rate achieved nationally (1.4%) and the core city LEP average (2.2%).
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,5007,000
7,500
18000
20000
22000
24000
26000
28000
30000
GVA per Head Differential
GBS LEP West of England Gap
KPI 5 Increase the % of Working Age Population with NVQ3+ to the National Average by 2025
Gap Up by 1.0% Points
18% Increase in
Gap on Baseline
Trends
The GBSLEP has consistently underperformed compared to the national average on this KPI. The skills gap widened sharply in 2011 before closing again. The most recent data for 2016 shows the gap opening from 5.6% points to 6.6% points, pushing the gap back up above the 2010 baseline level.
Milestones
Proposed milestones see the majority of the NVQ3+ gap being closed between 2020 and 2025, reflecting the longer term nurture of achieving change in qualification levels. There has been an increase in the differential since the baseline year so currently we are behind the target profile ion this KPI.
LEP LA Performance
NVQ3+ qualification levels vary across the nine LEP LA areas with Redditch, Tamworth and Cannock currently having the lowest rates Bromsgrove and the Wyre Forest are currently the only areas in the LEP with rates above the national average.
Annual Population Survey NVQ qualifications data is available at district level however, due to the small sample sizes at the lower geographical levels the ONS do not advise using the data at this level. Therefore the district data in the table below is subject to sampling error and change in annual qualification levels may not reflect genuine movements in NVQ3+ attainment
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
30.0%
35.0%
40.0%
45.0%
50.0%
55.0%
60.0%
NVQ3+ Differential
GBS LEP UK Gap
0.0%
2.0%
4.0%
6.0%
8.0%
NVQ3+ %
NVQ3+ Milestones
Actual Gap Target Profile
Area 2010 Baseline 2015 2016 Change 2015-16
Number % Number % Number % Number %
Birmingham 281,600 41.5 343,500 49.1 341,100 48.4 -2,400 -0.7
Bromsgrove 28,000 49.6 31,900 56.9 33,500 59.5 1,600 2.6
Cannock Chase 23,800 38.3 27,900 45.3 28,700 47.0 800 1.7
East Staffordshire 36,100 49.8 32,900 46.6 35,500 49.3 2,600 2.7
Lichfield 30,500 49.2 34,300 55.1 34,400 55.9 100 0.8
Redditch 19,300 33.6 22,700 41.6 23,100 43.6 400 2.0
Solihull 66,100 52.4 69,300 54.8 70,900 55.2 1,600 0.4
Tamworth 17,300 35.1 23,300 47.3 21,200 44.5 -2,100 -2.8
Wyre Forest 26,600 43.5 33,100 55.7 34,400 58.5 1,300 2.8
GBSLEP 529,200 43.2 618,800 49.9 622,900 50.1 4,100 0.2
LEP Core City Average 4,681,200 45.7 5,384,900 52.3 5,474,400 53.0 89,500 0.8
UK 19,667,600 48.8 22,623,600 55.5 23,189,700 56.7 566,100 1.2
0%
2%
4%
6%
8%
20%
25%
30%
35%
40%NVQ4+ Differential
GBS LEP UK Gap
KPI 5 Increase the % of Working Age Population with NVQ3+ to the National Average by 2025 Intermediate & Contextual Indicators As this KPI is measured by data released annually the following indicators are displayed in order to highlight current performance and trends and provide context for this KPI.
0%
1%
2%
3%
4%
5%
6%
4%
6%
8%
10%
12%
14%
16%
18%
20%
No Qualifications Differential
GBS LEP UK Gap
NVQ4+ The percentage of the 16-64 population with NVQ4+ (degree and above) has grown steadily in the GBSLEP since 2004. However, the gap with the UK proportion widened as the recession hit before narrowing again more recently. However, the latest data for 2016 shows the gap with the UK widening again, up from 4.6% points in 2015 to 5.4% points in 2016.
No Qualifications The GBSLEP has a higher percentage of working age residents with no qualifications compared to the UK average. The proportion of unqualified residents in the LEP has fallen in recent years the most recent data for 2016 shows the gap with the UK narrowing as the % of residents with no qualifications fell faster in the GBSELP than nationally.
School Attainment - GCSE 5+ A*-C Inc. English & Maths 2015/16 and Change on 2014/15
KPI 6 Increase Productivity Rates to the National Average by 2030
GBSLEP £27.98
GVA Per Hour
-1.00
-0.50
0.00
0.50
1.00
25.00
26.00
27.00
28.00
29.00
30.00
GBS LEP Real GVA per Hour
Annual Change GVA per Hour (£)Trends
Productivity as measured by GVA per hour worked has consistently been lower in the GBSLEP economy than at a national level and the differential with the UK has actually widened during the recovery as productivity levels declined locally. Core city LEP productivity over the last 5 years is shown in the table below, currently the GBSLEP has the 5th highest productivity amongst the core city LEPs.
West Midlands LAs - 2015 Productivity
The 2015 GVA per hour worked figures for the unitary authorities in the West Midlands region are shown in the table below, productivity increased in all areas of the region in 2015. Solihull has the highest productivity rates in there GBSLEP and is the only area with productivity rates above the UK average.
Real GVA per Hour Worked - West Midlands (£2015)
Area 2011 2012 2013 2014 2015 Change 2014-2015
Amount £ %
Worcestershire CC 26.20 26.42 27.06 27.55 28.24 0.70 2.5%
Staffordshire CC 26.78 26.10 25.49 25.24 25.54 0.30 1.2%
West Midlands Met Area 27.49 27.43 27.35 27.46 27.90 0.44 1.6%
Birmingham 28.14 27.48 26.98 26.87 27.22 0.35 1.3%
Solihull 34.41 34.37 34.56 35.01 35.78 0.78 2.2%
Coventry 27.10 27.10 27.02 27.07 27.45 0.38 1.4%
Dudley 25.60 26.22 26.58 26.88 27.52 0.64 2.4%
Sandwell 26.86 26.79 26.34 25.83 25.85 0.02 0.1%
Walsall 26.50 27.23 27.69 28.31 28.95 0.64 2.3%
Wolverhampton 23.22 24.04 24.78 25.64 26.40 0.75 2.9%
West Midlands Region 27.35 27.33 27.25 27.24 27.61 0.37 1.4%
UK 31.15 31.09 31.12 31.27 31.82 0.55 1.8%
Ranked Core City LEP Real GVA per Hour Worked (£2015)
2010 2011 2012 2013 2014 2015
Change 2014-2015
Area £ %
1 West of England 31.84 31.28 31.11 31.23 31.73 32.55 0.82 2.6%
2 Liverpool City Region 29.77 29.10 28.39 28.15 28.15 28.70 0.55 1.9%
3 D2N2 27.91 27.82 27.92 27.94 27.93 28.29 0.35 1.3%
4 Greater Manchester 28.13 27.83 27.70 27.67 27.71 28.16 0.45 1.6%
5 GBSLEP 28.91 28.29 27.80 27.50 27.53 27.98 0.45 1.6%
6 Leeds City Region 28.04 27.65 27.46 27.36 27.36 27.78 0.43 1.6%
7 North Eastern 26.64 26.79 27.05 27.19 27.25 27.67 0.42 1.5%
8 Sheffield City Region 26.45 26.17 26.16 26.27 26.33 26.69 0.36 1.4%
London 41.10 40.86 40.65 40.57 40.78 41.60 0.81 2.0%
UK 31.38 31.15 31.09 31.12 31.27 31.82 0.55 1.8%
Gap with UK 2.47 2.85 3.29 3.62 3.74 3.84 0.11 -
GBSLEP Ranked
5/8
KPI 7 GBSLLEP to be the Leading Core City LEP for Quality of Life by 2030
Quality of Life Index Rankings
The GBSLEP is currently the 5th ranked core city LEP area in the PWC Good Growth Index which is the chosen tool for monitoring quality of life in the area and our performance relative to other LEP areas. This ranking has not changed in the 3 years that PWC have been producing an index score for LEP areas. However, the index score itself on which the rankings are based has shown improvement with the index score for the GBSLEP improving in absolute terms and relative to other LEP areas. The gap in index
score with both the leading core city LEP area (West of England) and with the current 4th placed area (Greater Manchester) has narrowed for both areas. If this pattern were to continue at current levels the GBSLEP would be expected to move up a ranking in next
years results to 4th.
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Index Score Performance
PWC Good Growth Index Rank and Scores Core City LEPs
2011-13 2012-14 2013-15
Score Rank Score Rank Score Rank
West of England 0.33 1 0.44 1 0.57 1
D2N2 -0.2 2 -0.06 2 0.09 2
Leeds -0.21 3 -0.08 3 0.05 3
Greater Manchester -0.27 4 -0.18 4 -0.06 4
GBSLEP -0.37 5 -0.26 5 -0.09 5
Sheffield -0.55 7 -0.43 6 -0.28 6
North East -0.57 8 -0.44 7 -0.29 7
Liverpool -0.49 6 -0.47 8 -0.36 8
Gap with West of Eng-land 0.70 0.70 0.66
Gap with 4th Ranked 0.10 0.08 0.03
Index Score
+75%
Differential with West of England
-6%
Differential with 4th Placed
-70%
PWC Good
Growth Index