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Economic Regeneration

The Council has a duty to deliver economic well-being, but clearly cannot do this on its own. As a result it has come together with a number of organisations such as the Job Centre Plus, the Learning and Skills Council, the Chamber of Commerce and Business Link.

Watch our promotional video to find out more about Economic Regeneration. (Can't see the video? Follow this link for information about viewing videos online.)

Our economic aims are simply to:

• Improve the wealth creating capacity of the area.
• Improve access residents have to the wealth created.
• Keep as much wealth as possible within the area.

We undertake and commission research and to make sure that information and analysis was is widely available and understood. The purpose is to improve our understanding of the socio-economy, and to identify the issues facing the local population and workforce.

Our work programme presently includes:

• Interpret and disseminate national and market statistics, such as the Census and Index of Deprivation, to give a greater understanding of the local economy in a national context and help to develop new approaches to policy. 
• Household Survey: Covering issues such as economic activity, unemployment, hidden unemployment, wage rates, and skills and qualification levels.
• Employer Survey: Covering issues such as business confidence, skills and qualification needs, exporting, and investment.
• Establishment of a comprehensive database of employers in the county area.
• Labour Market Assessment and Economic Forecasting: Summarising the present state of the local economy, outlining trends and forecasting future trends.
• Evaluation projects and programmes in order to gauge customer satisfaction, their effectiveness and to identify issues that need further work.

Accurate and up to date analysis and data is a prerequisite to effective economic development within the city as it informs policy development and is essential for identifying priorities. Robust data at the local level is also essential in the bidding process for a variety of national and European funding programmes. These programmes also require such data at the local level for effective monitoring. Potential inward investors also regularly request such information.

You can find statistics about employment, household income, health, environment and housing on the Coventry Statistics website.

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