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City Review

Birmingham City Review

Sep 2017

US$725

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About This Report

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Birmingham is the second largest British economy, after London, with a total GDP of USD115 billion in 2016. It is the West Midlands' centre of commercial, retail, culture and leisure activities. Manufacturing plays an important role in local economy, accounting for 20% of total GVA in 2016. Birmingham's labour market is strong in terms of jobs provision for its residents; however, GVA per employee (USD66,200) was among the lowest in Western Europe, as of 2016.

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Overview

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BIRMINGHAM HIGHLIGHTS

Birmingham is the second largest UK economy in terms of GDP, but its labour productivity (or GVA per employee) is 10% below that in the rest of the country. Compared with other major UK cities, Birmingham lacks qualified labour. As of 2016, only 27% of the city's 15+ population had higher education, versus 32% in the rest of the UK.

Lower employment rate compared with the rest of the country

Birmingham's economic output and, consequently, average household income, is being pulled down by its employment rates. 72% of Birmingham's working age population held a job in 2016, compared to an average of 75% in the rest of the UK.

Greater share of budget allocated to necessities and housing

Lower household income (12% below the rest of the country in 2016) has a significant impact on consumer spending patterns in the city. Consumer expenditure per household in Birmingham was 15% lower compared to the rest of the country's average in 2016. The city's consumers allocate a notably larger share of their budget to necessity items such as food (9.2% in 2016) and housing (29%).

Higher spending on housing and transport

Birmingham is not an affordable city in terms of housing, and real estate prices in Birmingham increased at a faster pace than in London in 2016. As for transport, expenses for vehicles are much higher than for public transport. Combined, this resulted in spending on housing and transport (measured per household) being 1.5% higher in Birmingham compared with the rest of the country in 2016.

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BIRMINGHAM REVIEW AT A GLANCE

Understanding Birmingham Review structure

Chart 1 Overview

Key facts on Birmingham

Summary 1 Key Facts On Birmingham 2011, 2016, 2021

BIRMINGHAM HIGHLIGHTS

History

Delimitation of the metropolitan region

Chart 2 Map Of Birmingham Metropolitan Area

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Chart 3 Industrial Composition Of Birmingham 2016
Chart 4 Labour Productivity: Selected Cities 2016

Recent developments and outlook

Chart 5 Dynamics Of Real GDP In Birmingham, UK And Other Cities In Western Europe, 2011-2021
Summary 2 Labour Market Changes In Birmingham 2011, 2016

CONSUMER PROFILE

City demographics

Chart 6 Population By Age 2016
Chart 7 Drivers Of Population Growth In Birmingham 2011-2016

Household income

Chart 8 Household Distribution By Income In Birmingham 2016 And 2021

CONSUMER EXPENDITURE

Structure of household budget

Chart 9 Comparison Of Household Expenditure In Birmingham And UK, 2016
Summary 3 Birmingham Household Budget Structure By Consumer Expenditure Item, % of total, 2011, 2016, 2021

City lifestyle

International Leisure Destination
Cycling Revolution

City affordability

Housing
Chart 10 Household Expenditure On Housing: Selected Cities 2016
Transport
Chart 11 Household Expenditure On Transport: Selected Cities 2016

DEFINITIONS

APPENDIX

Summary 4 GDP Development, 2011, 2016, 2021
Summary 5 GDP By Origin, Current Prices, US$, Million, 2011-2016
Summary 6 Population And Labour Force, 2011-2016
Summary 7 Employed Population By Economic Sector, % of total, 2011-2016
Summary 8 Population By Sex And Broad Age Groups, ‘000, 2011-2016
Summary 9 Population Growth, 2011-2016
Summary 10 Forecast Population Growth
Summary 11 Population By Educational Attainment, 2011-2016
Summary 12 Structure Of Consumer Expenditure By Main Category, 2011-2016
Summary 13 Consumer Expenditure By Main Category, Per Household, Constant (2016) Prices, US$, 2011, 2016, 2021
Summary 14 Households By Income Band, % Of Total, Constant (2016) Prices 2011, 2016, 2021
Summary 15 Households By Income Band, ‘000, Current Prices 2011-2016
Summary 16 Inflation, 2011-2016
Summary 17 Transport Indicators, 2011-2016
Summary 18 Air Pollution, Concentration In Micrograms Per Cubic Metre, 2011-2016
Summary 19 Possession of Consumer Durables, % of Households, 2011, 2016, 2021

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Overview

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BIRMINGHAM HIGHLIGHTS

Lower employment rate compared with the rest of the country

Greater share of budget allocated to necessities and housing

Higher spending on housing and transport

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Table of Contents

BIRMINGHAM REVIEW AT A GLANCE

Understanding Birmingham Review structure

Key facts on Birmingham

BIRMINGHAM HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

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Megatrends

City Review

Birmingham City Review

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

BIRMINGHAM HIGHLIGHTS

Lower employment rate compared with the rest of the country

Greater share of budget allocated to necessities and housing

Higher spending on housing and transport

Want to find out more about this report?

Table of Contents

BIRMINGHAM REVIEW AT A GLANCE

Understanding Birmingham Review structure

Key facts on Birmingham

BIRMINGHAM HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

Want to find out more about this report?

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