Forecasting the future prospects of local, national and global economies is critical to the development and delivery of efficient public services.
By applying our bespoke modelling and scenario planning we can help you understand future scenarios for regional and local economies, skills and labour markets, as well as illustrating the potential impact of decisions, events and economic change.
The breadth and depth of public and proprietary data available to Experian enables us to undertake bespoke modelling and scenario planning. We help you:
- Understand long-term structural changes such as raising the skills of residents, infrastructure developments or changes in the demographic profile of local areas
- Medium-term demand including changes in UK demand and the industrial composition of the economy
- Specific investments and programmes, such as large scale regeneration projects, that take into account the positive (multiplier) effect as well as the negative (displacement) effects.
This enables us to test and undertake scenario analysis that helps you understand the potential impact of changes in the economy to ensure that you deliver more effective and efficient public services, now and in the future.
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