Economic Analysis and Research

Warwickshire Economics is the County Council’s economic research and analysis function. We provide intelligence and advice on the Warwickshire economy to senior managers and councillors, and our work underpins many of the Council’s policy and investment decisions. We also undertake work on behalf of partner organisations and external clients.

Warwickshire Economics is part of the Council’s Economy and Skills Group which also includes our business support, inward investment and strategic employment & skills functions. We also lead on relationships with our Local Enterprise Partnership and external funders, and work with other County Council teams and partners to develop new projects and programmes that will deliver economic growth.

The Economy and Skills Group aims to understand the key issues and opportunities in Warwickshire’s economy and the needs of our local businesses in order to develop, shape and inform relevant strategies, policies, funding programmes, services and activities that will help grow the economy to the benefit of our residents.

Regular Publications:

Quarterly Labour Market Bulletin

We produce a quarterly labour market bulletin.

The bulletin considers issues such as the latest employment and unemployment data, economic activity and inactivity rates and real-time demand in the labour market. The information is usually presented at District/ Borough level as well as for the wider Coventry and Warwickshire sub-region and West Midlands Combined Authority (WMCA) area.

Quarterly Economic Survey

The C&W Chamber of Commerce, in partnership with Warwickshire County Council, undertakes a Quarterly Economic Survey (QES) to gauge local business performance and market expectations. Business confidence and economic success tend to move in the same direction and, therefore, the results of the survey give useful insights into Warwickshire’s economy.

Warwickshire Means Business

We also make regular contributions to the County Council’s business newsletter, Warwickshire Means Business.

Latest Research

We produce a range of research and reports, often on behalf of partners or other County Council services. Our latest work includes:

The Risk of Automation in Warwickshire – Warwickshire Economics, part of Warwickshire County Council, has undertaken research based on the seminal work of Frey and Osborne (2013) that sheds light on the jobs most at risk of automation in Warwickshire. Supplementing the existing work done nationwide on the impact of automation, this is our first look at how technological advancements may affect different sectors and occupations locally. It is unique in that it offers an opinion on the occupations we believe to be at risk of automation sooner rather than later. It also contains five policy recommendation, based on existing literature and our own research, which we think will be essential in maximising the opportunities of automation whilst minimising the negative impacts.

Skills Report (November 2017) – One of the most significant challenges facing local businesses is the shortage of skilled workers. This report analyses the responses of businesses to the Quarterly Economic Survey in Q3 2017. The results suggest that a significant number of Coventry & Warwickshire firms are struggling to fill positions because of a lack of workers locally and the report gives insights into how they are dealing with this issue.

Warwickshire’s Productivity Report (2017) – This report reviews Office of National Statistics data, which places Warwickshire amongst the fastest growing local authorities in the UK. The paper discusses the current UK ‘productivity puzzle’ before examining why Warwickshire has become a driver in productivity growth since the onset of the recent recession. Finally, it considers the implications this strong growth may have on the county’s future economic well-being.

Area Profiles 2017 – These annual economic assessments aim to identify the strengths and weaknesses of each district and borough in Warwickshire. The ‘Businesses, People, Place’ evaluation template provides an overview of both the challenges and opportunities for growth. The evidence also provides support for local government policy in tackling potential barriers to growth.

The Strength of the Manufacture of Motor Vehicles Sector – This presentation highlights the comparative advantage Warwickshire has within the motor vehicle sector. The success of the sector is underpinned by a well-established supply chain, a large proportion of skilled workers and an abundance of STEM graduates from Coventry and Warwick University.

Warwickshire’s Rural Profile – A joint project with Warwickshire Observatory on behalf of the Regeneration and Infrastructure Group. The report considered the contribution of the rural economy to economic growth in the county. Analysis was undertaken at lower super-output area (LSOA) level using the 2011 rural-urban definition provided by the Office for National Statistics (ONS). Broader indicators were also considered including natural environment, population, health, and life expectancy.

Low-wage sectors and improving productivity in Warwickshire – The report examined the current and future performance of Warwickshire’s economy by focusing on low-wage industries that suffer from poor productivity. The research concluded that prioritising growth policies towards low-wage sectors could make a significant contribution to closing the “productivity gap” with the UK by 2025, therefore, increasing job creation locally.

  • Low wage sectors and productivity (PDF, 686.19 KB)
  • Occupational Handbook – This document will give you key statistics on all UK occupations. If you download the PDF, you can search for any occupation and get the latest figures on; the number of job vacancies in the county in 2017, the risk of automation, job growth, local and national wages, education requirement and key local employers. The aim of this research is to provide high-level information on all areas of Warwickshire’s labour market.

  • Occupational Handbook (PDF, 746.33 KB)

  • Commissioned Work

    Stratford-on-Avon Economic Assessment 2017 – Warwickshire Economics completed the most detailed economic assessment ever undertaken on behalf of Stratford-on-Avon District Council. The report was a Business, People, Place analysis of the District, which included the latest Cambridge Econometrics GVA forecasts, a risk of automation estimate, a key sector analysis, house price affordability and a comprehensive labour market overview.

    UK Central – Research on behalf of the Transport Planning Group which considered the economic opportunities of the UK Central major development and how Warwickshire could benefit from improved connectivity to the area. The report considered economic forecast data, demographics, commuter flows, and business activity as well as existing and future links with the main investment zones.

    Economic analysis to inform the Coventry and Warwickshire Area review – A joint project with Coventry City Council on behalf of the Coventry and Warwickshire Local Enterprise Partnership (CWLEP). The report considered the current and future economic performance of Coventry and Warwickshire’s labour market by observing labour supply and demand changes in the sub-region. It also identified areas of future resilience and vulnerability in the labour market, and the implications for the Government’s post-16 area reviews.

    An economic review of Warwick District – A detailed paper commissioned by Warwick District Council. The paper explores the current structure of Warwick District’s economy by concentrating on the following: the business base; the labour market & population; and local economic competitiveness. Economic forecast analysis summarises the strengths and weaknesses facing Warwick District and makes key strategic recommendations.

    We have also supported WCC services including Transport Planning, Regeneration and Infrastructure, Flood Risk and Water Management and CSW Broadband with the preparation of business cases and funding applications.

    Local Economic Assessment

    As a result of legislation contained within the 2010 Local Democracy, Economic Development and Construction Act, local authorities are required to undertake an assessment of the performance of their local economy. These “Local Economic Assessments” aim to provide local authorities and partners with a common understanding of the local economic conditions, which in turn can shape and inform a range of local strategies and policies.

    Given the strong relationship and interdependencies between Coventry and Warwickshire’s economy, it was decided that a single Local Economic Assessment should be undertaken covering this functional economic area. The Coventry and Warwickshire Economic Assessment was published in March 2011:

  • ,Local Economic Assessment Key Summary (PDF, 1.22 MB)
  • ,Innovation Topic Paper (PDF, 590.05 KB)
  • ,Future Sectoral Growth Topic Paper (PDF, 570.28 KB)
  • ,Functional Economic Geography Topic Paper (PDF, 1.82 MB)
  • ,Business Starts & Growth Topic Paper (PDF, 235.67 KB)
  • In support of this Economic Assessment, a number of supporting topic papers were also developed. These provide additional data and analysis on particular key issues.

    Economic Analysis and Research was last updated on May 17, 2018.