Midlands Engine Regional Impact Monitor: Edition 41

Sep 2023

Business Economy Midlands Engine Places

This monthly Economic intelligence monitor produced by Midlands Economic Observatory provides real time analysis of the evolving Midlands Engine economy, providing a common evidence base to inform stakeholders of emerging trends, opportunities and challenges for the area.

This monitor aims to pull together information across regional partners to understand the impacts on the economy – at a sub national level, across the Midlands Engine geography.

The September edition of the Monitor is published at a time of important economic measurements and announcements in the UK. The Bank of England has ended a run of interest rate hikes, Consumer Price Inflation is down and potentially the UK economy made a stronger recovery during Covid-19 at the end of 2021. Despite this, the Monitor highlights the current reality for many Midlands businesses and communities remains problematic. This Monitor also has a dedicated section on key clusters in the Midlands Engine area as well as a substantial labour market update

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