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North West

Demography

The population of the North West is continuing to grow. (Read more...)

Household income and spending

GVA per capita levels in the North West lag those in the UK leading to low levels of disposable income and expenditure. (Read more...)

Housing market

House prices in the North West's major cities are falling.  (Read more...)

Industries and firms

The poorer economic performance of the North West is partly attributable to industrial structure and partly to other factors. (Read more...)

Labour market

The gap between the claimant-count measure of unemployment for the North West and that for the UK has widened slightly. (Read more...)

News and interpretation - Manufacturing

There are mixed fortunes for Manufacturing in the North West. (Read more...)

News and interpretation - Other

The North West faces the prospect of massive local government job cuts. (Read more...)

News and interpretation - Services

A tentative recovery has begun in the North West’s Services sectors. (Read more...)

Occupational mix

There is a larger proportion of lower-skilled occupations in the North West compared to the UK average, resulting in generally lower earnings. (Read more...)

Short-term outlook

North West England has been recovering at slightly faster pace than the UK, with growth being driven by strong performances in manufacturing, transport & communications and construction. This recovery is expected to continue with the North West outperforming the UK average. Future output growth is expected to come from continued success in manufacturing alongside a recovery in the financial & business services sector.

Unfortunately future output growth in the North West is forecast to be jobless, with virtually no change in employment expected in 2011 and a marginal decline expected in 2012.

(Read more...)

Skills and earnings

The gap between the unemployment rate in the North West and that in the UK widened slightly over the course of the recession. (Read more...)

The long-term: Demography

Prospects: the next ten years: The working-age population of the North West is expected to fall over the long term. (Read more...)

The long-term: GVA and employment

The long-term expectation is for GVA growth in the North West to be only marginally lower than for the UK. (Read more...)

Transport Infrastructure

The North West is relatively well served by transport infrastructure. (Read more...)