The effect of Covid-19 on the West Midlands economy

The West Midlands labour market has been sharply affected at the beginning of the pandemic, but its sectoral mix has allowed GDP to start recovering faster compared to rUK once the lockdown was eased. Trade in goods declined significantly in West Midlands due to its reliance on the manufacturing industry. Furthermore, a higher concentration of jobs in low-skilled occupations means that only a small share of employees in West Midlands can work from home.

Buchanan Street Glasgow looking busy

Latest data on the Scottish economy – Update 6th November 2020

This update provides a snapshot of new data on the Scottish economy and households based on data released in the last fortnight. The latest data shows that businesses across most sectors of the Scottish economy are continuing to trade, but the accommodation & food services sector saw decreases in trading activity as a result of new restrictions imposed by the Scottish Government in early October.

Waiters wearing masks in a restaurant

A cautionary look at what the new earnings data can tell us about the impact of the pandemic.

The Covid pandemic has had a huge impact on our working lives but tracking this in the available economic survey data has proven challenging. This week the Office for National Statistics (ONS) released the latest results from the Annual Survey of Hours and Earnings (ASHE) but these too have been affected by challenges around Covid 19.