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The new Insight team

This e-bulletin is now brought to you by the newly formed Insight team which includes the old Corporate Research team.

 Updated Key Economic Information March 2014

Downloads the Facts about Coventry PDF

    • The total number of jobs at workplaces in Coventry has been increasing over recent years. However, indications are that employment amongst Coventry residents has not generally increased in recent years - net commuting into the city is up.
    • The Gross Value Added (GVA) generated by economic activity in Coventry in 2012 was £6.13 billion, equating to £18,978 per head – 13% lower than the national average. Between 2011 and 2012 Coventry GVA per head increased by 5%.
    • The average earnings in 2013 of all who work in Coventry, £24,750, are significantly up from 2012.
    • The rate of business formation and closure in Coventry in 2012 changed little from 2011 levels. The business formation rate in Coventry remains lower than the national average, about the same as the average for other metropolitan areas.
    • The Jobseeker’s Allowance (JSA) claimant count amongst Coventry residents continues to fall as a seasonally adjusted trend. The total number of out-of-work benefit claimants also continues to fall.
    • City centre footfall during 2013 was 2% down on 2012 levels. In quarter 4 2013 there were 60 empty shop units in Coventry’s prime retail area – the highest quarter 4 number since we started recording in 2005.

      Updated Coventry Headline Statistics March 2014

      www.coventry.gov.uk/headlinestats

      Updated with newly released statistics on employment & unemployment, benefit claimants, mortality rates and a number of statistics about children and young people.

      Insight