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UK local forecasts
How will the service support me and my business?
As a local agency involved in economic development, a potential inward investor, retailer, utility, IT or communications company you will appreciate the importance of fully understanding the economy in which you operate. A coherent picture of the local economy is vital in developing training programmes, marketing strategic employment sites, assessing the need for infrastructure and other developments, planning future business developments, in fact in almost all strategic decisions.
The Local Economy service provides the analysis to inform the decisions you have to take, through standardised products and tailored projects. We provide detailed economic forecasts that place likely local future developments in the context of developments elsewhere in the UK and Europe.
We have also developed a unique software application to empower in-house analysis and utilise effectively the wealth of knowledge built up within the organisation. The Local Economy Forecasting Model, LEFM, is a powerful tool for assessing the implications of alternative development scenarios and undertaking impact analysis straightforwardly and efficiently. Where a partnership of organisations has been formed it also provides an effective framework for developing a consensus view of the future.
For further information, including prices, and to order the service, email:
Mike May-Gillings
Manager, Local Economy Services