September 2018

GBSLEP KPI Report

1

KPI Baseline (2010)

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 (2016)

134,200

54% Delivered 22,600

Increase GVA by £29bn by 2030

£40.4bn £46.8bn (2016)

£6.4bn 15.8% Deliv-

ered £1.3bn

Decrease Unemployment to the National Average by 2020

2.7% Point Gap with UK

1.6% Point Gap with UK

(March 2018)

1.1% Points

41% Delivered

No Change

To Have the Lowest Unemployment Amongst the LEP Core Cities by 2030

5.1% Point Gap with

Leading CC

2.1% Point Gap with

Leading CC (West

of England)

(December 2017)

3% Points

59% Delivered

-0.1% Points

GBSLEP to be the Leading Core City LEP by 2030 for GVA per Head

£7,123 Per Head Gap

£6,126 Per Head Gap

(2016)

£997 Per Head

14% Delivered

£242 Per Head gap

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 (Sept 2016)

+1.0%

Point

+1.0% Point

New KPIs - Baselined from 2015

Increase Productivity Rates to the National Average by 2030

-£3.88 GVA per Hour Gap

(2015 data)

£3.73 GVA per Hour Gap

(2016)

-0.15

-3.9%

£0.2 Per Hour

GBSLEP to be the Leading Core City LEP for Quality of Life by 2030

-Ranked 5/8

(2013-15)

Ranked 4/8

(2014-16)

Up 1 Place

Up 1 Place

KPI Dashboard

GBSLEP KPI Report September 2018

KPI Baseline (2010)

Current Progress

To Date Latest Data

Labour Market Indicators

Claimant Unemployment (June 2018)

67,260 47,750 -19,510 +910

WM Employment (June 2018) 2,489,000 2,679,000 +190,000 +12,000

WM Emp. Rate (June 2018) 69.0% 74.9% +5.9% +0.3%

WM Unemployment (June 2018) 243,700 132,000 -111,700 -7000

WM Unemployment Rate (June 2018) 8.9% 4.7% -4.2% -0.3%

% Business 10%+ Employ-ment Growth in 3 Consec-utive Years (2014-17)

24% 16% -8% -2.3%

FDI Jobs Created (2017/18) 764 3138 2,374 +1428

Economic Output Indicators

Private Sector Business Start-ups (2014-17)

5,021 13,595 +8,574 +4,417

Business Start-up Rate per 10,000 of Pop (2014-17)

26.0 67.4 +41.4 +21.4

Start-up 3 Year Survival Rate (2014-17)

48.4% 54.5% +6.1% +2.9%

% Start-ups Reaching £1m+ Turnover After 3 Years (2014-17)

5.8% 4.0% -1.8% -0.8%

QBR - Domestic Sales In-dex (Q1 2018)

66 66 No

change -3

QBR - Export Sales Index 63 61 -2 No change

West Midlands Exports (goods only) (Q4 2017)

£4.1bn £8.9bn +£4.8bn +£1bn

West Midlands PMI Busi-ness Activity Index

56.0

54.6

-1.4 -2.6

Leading Indicators Dashboard

GBSLEP KPI Report September 2018

KPI Baseline (2010)

Current Progress

To Date Latest Data

Labour Market Indicators

Claimant Unemployment Rate Differential (June 2018)

+2.6% point

gap (with UK) +1.6% point gap

-1% point

No change

+1.6% point gap

(with Core City LEPs)

+1.2% point gap -0.4% point

+0.2% point

GBSLEP Employment Rate Differential (June 2018)

-5.3% point gap (with

UK)

-4.3% point gap

-1% point

-0.4% point

-2.9% point gap

(with Core City LEPs)

-3% point gap +0.1%

point 0.4% point

% Business 10%+ Employment Growth in 3 Consecutive Years

(2014-17)

-0.5% point gap (with

England)

+0.0% point gap

+0.5% point

No change

-0.6% point gap

(with Core City LEPs)

-0.3% point gap

+0.3% point

+0.3% point

Economic Output Indicators

Business Start-up Rate Differential (per 10,000 of Pop)

(2014-17)

-4.2 gap

(with England) +14.3 gap

+18.5

gap

+11.3 gap

+1.9 gap (with Core

City LEPs)

+23.5 gap (with

Core City LEPs) +21.6 gap

+15 gap

Start-up 3 Year Survival Rate Differential (2014-17)

+3.0% point gap (with

England)

-0.3% point gap

-3.3% point

+1.7% point

+6.2% point gap (with Core City LEPs)

-0.1% point gap (with Core City LEPs)

-6.3% point

+1.8% point

% Start-ups Reaching £1m+ Turnover After 3 Years Differential

(2014-17)

-0.1% point gap (with

England)

-0.3% point gap

-0.2% point

No change

+0.2% point gap (with Core City LEPs)

+0.3% point gap (with Core City LEPs)

+0.1% point

-0.1% point

Leading Indicators Comparison Dashboard

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 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 Pr ivate 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.

Increased31%

Unchanged 59%

Decreased12%

0%

10%

20%

30%

40%

50%

60%

70%

Attempted to Recruit Difficulty Recruiting

Q3 2017 Q4 2017

Recruitment The Greater Birmingham Chamber Quarterly Business Report (QBR) Q4 2017 shows that in October to December 2017 31% of firms in the LEP area saw there workforce increase, up slightly (+2% points) from Q3. The share of firms whose workforce decreased fell from 13% in Q3 to 12%.

Recruitment Difficulties The Q4 QBR found that 55% of firms attempted to recruit in Q4 2017 up on the previous quarter (49%)). The majority of jobs recruited for were full-time, permanent positions. There was a fall in the percentage of firms experiencing recruitment difficulties down from 64% in Q3 to 57% in Q4. 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 Q2 2017 shows a rise in resident employment in the LEP, up by 5,800 to 903,100.

31%

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

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

Resident Employment

Pre Recession Peak

KPI 2 Increase GVA by £29bn by 2030

£6.4bn GVA

Growth

15.8% 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 2014 figures pushing economic output in the LEP area back above its pre-recession peak for the first time. In 2016 GVA continued to grow, although the pace of growth had decelerated slightly since 2015.

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 2016 figures continue to measure slightly ahead of profile to deliver the 2020 GVA growth target.

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 (+628) accounting for 48% of GVA growth. Solihull experienced the strongest growth rate with its economy expanding by 3.6% in 2016.

-3,000

-2,000

-1,000

0

1,000

2,000

3,000

35,000

37,000

39,000

41,000

43,000

45,000

47,000

49,000

2006 2008 2010 2012 2014 2016

GBS LEP Real GVA

Total GVA (£m)

02004006008001,0001,2001,4001,6001,800

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 2015-2016

2016 £m %

Birmingham 22,882 23,008 22,990 23,570 24,411 25,092 628 2.5% 25,720

Solihull 5,489 5,448 5,794 5,870 6,271 6,745 243 3.6% 6,988

Districts 11,999 12,455 12,366 12,550 13,014 13,668 434 3.2% 14,102

GBSLEP 45,505 1305 2.9%

2016 GVA

Birmingham Solihull Districts

GVA up

£628 mill

2.5%

GVA up

£243m

3.6%

GVA up

£434m

3.2%

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.

Increase 71%

Unchanged20%

Decrease9%

Business Confidence The majority of firms (71%) in the GBSLEP area are still expecting turnover to improve over the coming 12 months. An increase from the 69% recorded in Q3 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 £28.9 per hour compared to £32.6 for the UK as a whole. The West of England LEP is the only core city LEP with higher productivity than the UK. There was very limited change on last years productivity data and GBSLEP did not change at all.

GVA per Worker If we look at GVA per worker the GBSLEP performs better having the second highest rate amongst the core city LEPs, although it has declined by 0.9% in the last year. Only the West of England LEP saw any growth in GVA per worker among the Core City LEPs. The most significant decline was in Liverpool at -2.7%.

71%

of firms expect turnover to

improve in next 12 months

Ranked Core City Real GVA per Worker 2015 £

Area 2015 2016

Change 2015-2016

£ %

West of England 57,095 57,998 903 1.6

GBSLEP 51,476 50,991 -485 -0.9

Liverpool City Region 51,674 50,257 -1,417 -2.7

Greater Manchester 51,208 50,255 -953 -1.9

Leeds City Region 49,198 49,126 -72 -0.1

D2N2 48,855 48,403 -452 -0.9

North Eastern 48,279 48,553 48,279 48,553

Sheffield City Region 46,302 45,641 -661 -1.4

CC LEP Average 50,511 50,153 -358 -1%

London 80,800 81,338 538 0.7

£0

£10

£20

£30

£40

£50

Live

rpo

ol

D2

n2

Gre

ater

…

GB

SLE

P

Lee

ds

Cit

y…

No

rth

Ea

ste

rn

She

ffie

ld C

ity…

Lon

do

n

UK

GVA Per hour worked

West of England

Liverpool

D2n2

Greater Manchester

GBSLEP

Leeds City Region

North Eastern

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 Claimant Count Unemployment Data

Economic Activity Economic activity is a measure of labour market participation. It is a count of those of working age who are either 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 2018 the economic activity rate increased slightly from 74.9% to 75% and the gap with the UK remained at 3.3%.

Claimant Count Unemployment After falling sharply in the recovery since the Great Recession, unemployment plateaued. Although, since January 2018, the claimant rate for GBSLEP has increased from 4.0% to 4.9%. This coincides with a national increase in unemployment from 2.4% to 2.7%, over the last 6 months. The claimant count rate gap between GBSLEP and the core city LEP average has widened by 0.6% since January. 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

GBSLEP UK

Claimant Unemployment - July 2018

Area JSA Claimants UC Claim-

ants

Total Claimant Unemployed

Number Claimant

Proportion %

Claimant Rate %

Birmingham 15,234 22,961 38,195 5.2 7.5

Bromsgrove 448 322 770 1.3 1.5

Cannock Chase 582 243 825 1.3 1.6

East Staffordshire 623 232 855 1.2 1.3

Lichfield 185 600 785 1.3 1.6

Redditch 248 1052 1,300 2.5 3.0

Solihull 626 2439 3,065 2.4 2.9

Tamworth 188 772 960 2.0 2.3

Wyre Forest 744 241 985 1.7 2.0

GBS LEP 18,878 28, 872 47,750 3.6 4.7

UK 422,578 481,377 903,955 2.2 2.7

Claimant proportion: claimants divided by 16-64 population. Claimant rate: claimants divided by economically active. 16+ population

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%Claimant Count Unemployment

Series1 Series2 Series3

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 remain at 1.6% in Q1 2018. 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 LEPs is profiled to be closed in 2020 to 2030. The gap with the West of England has fluctuated over recent years but and has narrowed to 2.1% points in Q1 2018 (down by 0.1% on Q4 2017) and is down by 3% points on the baseline position and currently ahead of profile.

Gap Down by

1.1% Points

41% Of Target Delivered

Gap Down by

3% Points

59% of Target Delivered

West of

England 3.8%

Sheffield

5.2%

Liverpool

4.8%

Manchester

4.8%

GBSLEP

5.9%

UK

4.3%

North

East 5.2%

D2N2

3.7%

LEP Cc Average

5.1%

Leeds

4.5%

LEP Core City Unemployment Rates Q1 2018

annual population surveyONS Crown Copyright Reserved [from Nomis on 18 October 2013]

confidence 95% confidence interval of percent figure (+/-)

variable Unemployment rate - aged 16-64

Datenumerato

rdenominator GBS LEP

Dec-04 57,500 863,700 6.7

Mar-05 57,800 874,300 6.6

Jun-05 59,800 870,600 6.9

Sep-05 56,000 860,800 6.5

Dec-05 56,800 858,900 6.6

Mar-06 56,600 848,900 6.7

Jun-06 54,800 853,600 6.4

Sep-06 59,300 866,100 6.8

lep:Greater Birmingham and Solihull

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

Unemployment Milestones- Core Cities

Actual Gap Target Pr ofi le

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) fell sharply between 2014-2015, but has widened slightly between 2015-2016.

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 and broadly on profile (2016 is just £236 below the profile target).

-1,000-800-600-400-20002004006008001,0001,2001,4001,6001,800

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

2016 GVA per head figures and how they have changed between 2015-2016 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 2015 and 2016.

3,0003,5004,0004,500

5,0005,5006,0006,5007,000

7,5008,000

18,000

20,000

22,000

24,000

26,000

28,000

30,000

GVA per Head Differential

GBS LEP West of England G ap

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 £28.9

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 - 2016 Productivity

The 2016 GVA per hour worked figures for the unitary authorities in the West Midlands region are shown in the table below. Solihull has the highest productivity rate in the region and is the only area with productivity rates above the UK average. GVA per hour fell notably in Sandwell, Dudley and Walsall (by 2.5%, 1.1%, and 2.0% respectably). Elsewhere, growth was relatively static, except for Coventry at 0.9% growth in GVA per hour.

Real GVA per Hour Worked (£) - West Midlands (2016)

Area 2010 2011 2012 2013 2014 2015 2016

Change 15-16

Amount £

%

Worcestershire CC 26.6 26.8 27.3 28.2 28.7 29.6 29.4 -0.2 -0.6

Staffordshire CC 27.2 26.9 26.4 26.0 26.1 26.8 26.8 0.1 0.2

Birmingham 29.3 28.6 28.0 27.5 27.6 28.1 28.1 0.0 0.1

Solihull 35.0 34.6 34.6 34.9 35.5 36.4 36.4 0.0 0.0

Coventry 27.3 27.1 27.3 27.5 28.1 29.1 29.4 0.3 0.9

Dudley 25.7 25.9 26.4 26.6 26.7 27.1 26.8 -0.3 -1.1

Sandwell 26.9 27.1 27.0 26.4 25.7 25.3 24.7 -0.6 -2.5

Walsall 26.2 26.8 27.5 27.9 28.1 28.0 27.5 -0.6 -2.0

Wolverhampton 23.5 23.6 24.4 25.1 25.8 26.5 26.4 0.0 -0.1

West Midlands Region 28.0 27.8 27.8 27.7 27.9 28.4 28.3 -0.1 -0.3

UK 32.1 31.9 31.9 32.0 32.1 32.7 32.6 -0.1 -0.4

Ranked Core City LEP Real GVA per Hour Worked (2016)

2010 2011 2012 2013 2014 2015

Change 15-16 2016

Area £ %

1 West of England 32.4 31.9 32.0 32.0 32.5 33.3 0.0 -0.1 33.3

2 Liverpool City Region 31.1 30.6 30.0 29.7 29.6 30.1 -0.1 -0.4 30.0

3 D2N2 28.1 28.0 28.1 28.2 28.3 28.7 -0.1 -0.4 28.6

4 Greater Manchester 29.6 29.3 29.2 29.1 29.0 29.4 -0.2 -0.6 29.3

5 GBSLEP 29.1 28.6 28.2 28.0 28.2 28.9 0.0 0.0 28.9

6 Leeds City Region 28.2 27.8 27.7 27.6 27.7 28.2 -0.1 -0.4 28.1

7 North Eastern 27.8 27.9 28.1 28.1 28.2 28.6 -0.1 -0.3 28.5

8 Sheffield City Region 26.6 26.4 26.5 26.7 26.8 27.2 -0.2 -0.9 27.0

London 43.2 42.7 42.6 42.6 42.9 43.7 -0.2 -0.4 43.6

UK 32.1 31.9 31.9 32.0 32.1 32.7 -0.1 -0.4 32.6

Gap with UK 3.0 3.3 3.7 3.9 3.9 3.9 -0.2 -5.1 3.7

GBSLEP Ranked

4/8

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 4th 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. The ranking for the GBSLEP improved by one place in the most recent report moving from the baseline position of 5th to 4th placed. The index score itself on which the rankings are based has also 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 the leading core city LEP area (West of England) has

narrowed.

-

Index Score Performance

PWC Good Growth Index Rank and Scores Core City LEPs

2011-13 2013-15 2014-16

Score Rank Score Rank Score Rank

West of England 0.33 1 0.57 1 0.68 1

D2N2 -0.2 2 0.09 2 0.19 2

Leeds -0.21 3 0.05 3 0.18 3

GBSLEP -0.37 5 -0.09 5 0.06 4

Greater Manchester -0.27 4 -0.06 4 0.05 5

Sheffield -0.55 7 -0.28 6 -0.11 6

North East -0.57 8 -0.29 7 -0.12 7

Liverpool -0.49 6 -0.36 8 -0.16 8

Gap with West of England 0.70 0.66 0.62

PWC Good

Growth Index

Index Score

0.05

Index Score Change

+0.14

Differential with West of England

-6.1%