Changes in the economy have an impact on every community. Today, the recession is leading to higher unemployment. Feeling the squeeze on their incomes, people’s behaviour is changing: what they buy, how much they buy and the services they use or stop using.

All these changes have an impact on public services. On top of that, the recession means that in the years ahead many public services will be expected to do more on very tight budgets.

To help Britain through the recession, and to prepare for the recovery, policymakers need accurate data and insight on what is happening in the economy as a whole, in their region and communities. They need to be able to plan how changes in the economy will affect demand for public services, and know what action they can take now to ensure that when the economic climate changes, companies and firms will be able to reap the benefits.

We can help you:

• Develop medium- and long-term strategies for economic development based on a detailed understanding of the past, present and future, and inform Local Economic Assessments and Integrated Regional Strategies
• Apply economic foresight and policy analysis to predict the performance of local markets in the context of regional and national economic performance
• Model the current position and future prospects of local, national and global economies in terms of employment, education and skills, demographics, GVA, consumer spending and housing to improve resource allocation
• Engage with stakeholders to inform and develop policies that are inclusive, transform service provision, save money and deliver efficiencies.
  

Forecasting

Forecast the future of local, national and global economies, skills and labour markets to create more efficient public services and deliver better social outcomes
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Intelligence-led policy

Understand current economic and social behaviour, markets, and the composition of locations and households to improve policy decision making
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Regional development

Mitigate the impact of the economic downturn with improved regional business intelligence.

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