Kent Economic Indicators 2013

BusinessIntelligenceStatisticalBulletin
May2013
KentEconomicIndicators2013
Relateddocuments
TheStateoftheKent
EconomyHowisKentfaring
duringthecurrenteconomic
conditions?
KentLabourForceProfile
includesarangeofindicators
suchasthelevelofeconomic
activity,selfemployment,
occupationalandindustrial
structure,andqualifications
ofKent'sresidentlabour
force
Further
information
Thisbulletinpresentsapictureoftheshapeofthe
economyatcountyanddistrictlevelbasedon
eleveneconomicindicators.
Theanalysisusestwomodels;oneatCountylevel,the
otheratDistrictlevel.
TheCountylevelmodelsummarisesarangeofindicators
forall152CountyandUnitaryAuthoritiesinEngland.
TheDistrictlevelmodeldoesthesameforthe326District
andunitaryAuthoritiesinEngland.
Inbothmodels,thespiderchartshowstheshapeofthe
economyofeacharea,basedontheseindicators.The
2013chartsarepresentedhere.
Themodelsalsoidentifyeachareasnearesteconomic
neighbouri.e.thatareawiththemostsimilarshaped
economy,basedontheseindicators.Thiscomparisonis
helpfulinidentifyingareaswithasimilarrankingscoreon
eachindicator.
Research&Evaluation
BusinessStrategy&
Support
KentCountyCouncil
SessionsHouse
Maidstone
Kent
ME141XX
Email:
research@kent.gov.uk
Tel:01622221633
Research&Evaluation,BusinessStrategy&Support,KentCountyCouncil
www.kent.gov.uk/research
Methodology
TheCountylevelmodelsummarisesarangeofindicatorsforall152Countyand
UnitaryAuthoritiesinEngland,rankstheindicatorsandthenconvertstheranksto
percentranks(arankscoreoutof100).Thisstandardisesallthescoresandenables
directcomparisonofwhatareverydisparateindicatorvalues.
TheDistrictlevelmodeldoesthesameforthe326DistrictandunitaryAuthoritiesin
England.IntheDistrictlevelmodel,twoindicatorshavebeenchangedslightlyto
reflectthescaleofthelocaleconomy;totalemployeesandthestockofVAT
registeredbusinesses,ratherthanemployeechange(since2006)andnetVAT
registrationsasapercentageofstock,whichareusedatCountylevel.
Inrankingtheindicators,theorderinwhichtheyarerankedhasbeensetsothatthe
higherthescorethebettertheoutcome.So,forexampletheearningsindicators
arerankedinascendingorderwherethehighestearnings(good)haveapercentrank
scoreof100.Inthecaseofunemploymenthowever,theindicatorsarerankedin
descendingorder,sothatthelowestunemploymentrates(good)haveapercent
rankscoreof100.Inshort;thenearertheoutsideofthespiderchart,orthecloser
to100thepercentrankscoreis,thebetter.
Inbothmodels,theresultingspiderchartthereforeliterallyshowstheshapeof
theeconomyofeacharea,basedontheseindicators.The2013chartsarepresented
here.
Theanalysisalsoidentifieseachareasnearesteconomicneighbouri.e.thatarea
withthemostsimilarshapedeconomy,basedontheseindicators.Thiscomparison
ishelpfulinidentifyingareaswithasimilarrankingscoreoneachindicator.
Comparisonsareavailableforthepublicationyearsof2009to2013forany
district/unitaryauthorityorcounty/unitaryauthorityinEnglandonrequest.
Indicators
11indicatorsareusedwithinthedistrictandcountymodels.Twooftheindicators
differslightlybetweenthedistrictandcountymodels;
Employeesthecountymodelsrepresentsthepercentagechangeinemployees
withintheareasince2006,whereasthedistrictmodelrepresentstheactualnumber
ofemployees.
BusinessStockcountylevelshowsthenetchangeinbusinessesasapercentageof
thestockofbusinesses,thedistrictmodelrepresentstheactualnumberof
businesses.
Page1
The11indicatorsusedinthemodelsare:
UnemploymenttakenfromtheONSJobseekersClaimantCountthisshows
thepercentageofthepopulationaged1664whoareclaiming
unemploymentbenefits.
Outofworkbenefitsclaimantsthisisdefinedasthosepeopleaged1664
whoareclaimingJobseekersAllowance,loneparentsclaimingIncome
Support,thoseclaimingincapacitybenefitsandothersclaimingincome
relatedbenefits.UsingdatafromtheDepartmentforWorkandPensionsthis
isawiderpictureofthosepeoplewhoarenotworkingoftenusedasaproxy
forworklessness..
EmployeesAtdistrictlevelthislooksatthenumberofemployeesineach
area.Atcountylevelthislooksatthepercentagechangeinemployeessince
2006.ThisindicatorusesAnnualBusinessInquiry(ABI)andBusinessRegister
andEmploymentSurvey(BRES)data.
Percentageemployeesintheknowledgeeconomyusingfiguresfromthe
ABIandtheBRESthisshowstheproportionofemployeeswhoareemployed
intheknowledgeeconomy.Theknowledgeeconomyisdefinedasagroup
ofspecificsectorswithintheeconomythatareknowledgeintensiveintheir
activity,thatdealextensivelywithinformation/informationtechnologyand
whosebusinessisallaboutthedistributionorexchangeoftheinformation
thattheyhold.Theknowledgeeconomyhasbeenidentifiedasakeysector
todrivefutureeconomicgrowth.
Employmentratethisshowstheproportionofthoseaged1664whoarein
employment.ThisusesdatatakenfromtheAnnualPopulationSurvey.
EarningsUsingdatafromtheAnnualSurveyofHoursandEarningsthis
looksattheaverage(median)weeklyearningsonaresidentandworkplace
basis.
GVAUsingResearch&Evaluationsdistrictandcountyestimateswhichare
basedonOfficeforNationalStatisticsdatathisshowstheGVA(thevalueof
thegoodsandservicesproducedintheeconomy)whichisusedtomeasure
theoveralleconomicwellbeingofanarea.
BusinessStockatdistrictlevelthisgivesasnapshotofthenumberofvat
registeredbusinessesinthearea.Atcountylevelthisispresentedasthenet
changeinstockofbusinessesasaproportionofallbusinesses.Thisdata
comesfromtheONSBusinessDemographydataset.
3YearSurvivalRatesthisshowstheproportionofnewbusinesseswhich
remainsurvivingafter3yearsoftrading.ThisdatacomesfromtheONS
BusinessDemographydataset.
NVQ4+UsingfiguresfromtheAnnualPopulationSurveythisshowsthe
proportionofthepopulationaged1664whoarequalifiedtoNVQlevel4or
above.
Page2
Publicationdates/surveydates
Thespiderchartsareavailablefortheyears2009to2013.Theyarepublishedonthe
basisofwhatisavailableatthebeginningofeachyear.Thespiderchartfor2013
thereforeshowsthelatestdatathatisavailableforeachoftheindicators.Some
datasetslagbehindothersintermsoftheirreleasedatecomparedtotheiractual
surveydate.Thefollowingtablesetsouttheactualsurveydatesforeachdataset
thatareusedineachspiderchartpublished.
%1664claimingoutofworkbenefits
UnemploymentRate
MedianGrossWeeklyWorkplaceEarnings
MedianGrossWeeklyResidentEarnings
EmploymentRate
%changeinemployeessince2006
Netchangeinbusinessesasa%ofstock
3yearBusinessSurvivalRate
GVAperHead
%EmployeesintheKnowledgeEconomy
%NVQ4+
2009
2010
2011
2012
Feb08
2008
2008
2008
2008
2007
2007
2007
2006
2007
2008
Feb09
2009
2009
2009
2009
2008
2008
2008
2007
2008
2009
Feb10
2010
2010
2010
2010
2009
2009
2009
2008
2009
2010
Feb11
2011
2011
2011
2011
2010
2010
2010
2009
2010
2011
2013
Feb12
2012
2012
2012
2012
2011
2011
2011
2010
2011
2012
Tablesandcharts
Thefollowingpagesshowtimeseriestablesoftherankscoresandindicatorvalues,
plusachartshowingtheshapeofthelocaleconomyanditsnearestneighbour,for
theKCCArea,eachoftheKentdistrictsandMedway.
Arankof1isthelowest(worse)andarankof100isthehighest(best).
Page3
KentCountyCouncilarea
IndicatorscoresfortheselectedareabasedonrankedindexwithinallUAs/CountiesinEngland
Kent
UnemploymentRate
EmploymentRate
GVAperHead
%NVQ4+
2009
2010
2011
2012
2013
65
74
57
68
63
74
42
83
49
51
48
66
72
54
69
61
73
36
42
50
45
42
65
68
58
70
75
69
38
47
51
50
53
62
66
54
72
70
74
64
62
50
49
57
66
65
55
69
64
71
63
71
50
45
57
2013
Itisimportanttorememberthatthesescoresarebasedontherankingpositionoftheselectedarea
relativetoallotherUnitaryAuthoritiesandCountiesinEngland.
Datavaluesactualindicatorvaluesfortheselectedarea
Kent
UnemploymentRate(%)
MedianGrossWeeklyWorkplaceEarnings()
MedianGrossWeeklyResidentEarnings()
EmploymentRate(%)
3yearBusinessSurvivalRate(%)
GVAperHead()
%NVQ4+
2009
2010
2011
2012
11.1
1.7
476.1
508.1
74.0
2.5
3.0
68.3
16,581
15.6
25.9
12.8
3.1
479.1
518.0
73.3
4.0
1.2
63.4
17,429
14.2
25.1
13.2
3.0
488.1
530.4
74.3
0.7
0.1
65.1
17,624
14.9
28.6
13.1
3.1
489.2
546.2
73.0
2.0
1.8
63.8
17,183
14.8
30.0
10.6
3.2
490.7
538.8
71.9
3.9
0.0
60.5
17,612
14.5
31.6
Page4
Ashford
IndicatorscoresfortheselectedareabasedonrankedindexwithinallUAs/LocalAuthoritiesinEngland
Ashford,Kent
2009
2010
2011
2012
2013
62
66
23
57
47
44
53
92
60
40
34
62
64
36
47
43
44
55
21
56
28
19
61
62
42
37
46
44
56
55
61
38
17
56
59
47
53
38
44
56
99
65
36
39
57
56
44
50
42
44
55
27
62
37
34
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
relativetoallotherUnitaryAuthoritiesandLocalAuthorityDistrictsinEngland.
Ashford,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
7.8
1.3
416.2
489.4
79.4
47,800
5,175
70.9
17,957
12.8
23.7
9.2
2.7
442.7
479.1
78.3
49,000
5,400
62.2
18,465
11.0
20.4
9.5
2.6
462.2
470.0
76.8
49,000
5,400
68.0
19,189
11.6
20.3
9.4
2.7
470.3
501.6
72.4
50,500
5,335
74.0
19,237
11.7
30.3
9.5
2.7
467.8
497.4
74.1
51,200
5,360
57.0
19,566
11.7
29.1
Page5
Canterbury
Canterbury,Kent
2009
2010
2011
2012
2013
61
50
37
55
61
65
50
67
53
78
73
62
53
46
59
61
65
50
21
53
67
70
65
51
41
59
60
65
50
25
54
80
57
63
49
74
76
59
65
52
15
55
82
63
58
46
43
70
59
65
53
84
51
81
61
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Canterbury,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
8.0
1.4
431.2
483.8
72.8
59,800
5,045
68.3
16,906
20.2
35.6
9.2
2.4
455.8
498.4
71.2
61,000
5,045
62.2
17,634
17.8
34.5
9.0
2.2
459.2
510.9
67.7
58,900
5,030
64.1
18,223
20.6
26.6
8.7
2.3
512.4
560.2
65.6
60,500
5,005
59.5
17,705
21.4
31.9
9.3
2.5
465.2
545.6
63.7
59,000
5,105
64.2
17,699
21.1
30.2
Page6
Dartford
Dartford,Kent
2009
2010
2011
2012
2013
61
66
88
81
21
94
18
31
83
63
12
60
63
92
79
31
94
18
8
85
35
45
55
58
86
78
33
94
18
23
86
36
44
54
57
87
84
29
94
19
23
82
30
42
56
60
85
78
32
94
22
47
83
37
20
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Dartford,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
8.0
1.5
551.4
555.8
67.0
51,500
3,210
64.8
22,337
17.3
18.7
9.5
3.1
577.7
559.1
77.9
52,200
3,250
60.2
24,352
11.8
33.5
10.2
3.1
556.3
561.8
73.5
48,900
3,280
63.8
24,860
11.4
33.3
9.8
3.1
563.0
593.0
70.4
49,900
3,245
60.7
23,410
10.7
33.5
9.6
2.9
559.3
567.5
75.4
52,200
3,365
59.7
23,624
11.6
25.8
Page7
Dover
Dover,Kent
2009
2010
2011
2012
2013
32
48
53
62
32
64
17
10
34
39
22
34
54
83
60
28
64
16
18
34
42
19
32
51
72
58
28
64
15
11
29
53
32
31
48
65
57
30
64
15
25
31
47
28
31
43
65
53
28
64
15
42
23
37
10
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Dover,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
11.1
2.1
457.5
498.0
75.5
37,500
3,175
61.0
14,567
12.6
21.5
12.6
3.5
531.0
500.6
70.6
35,700
3,170
61.7
15,312
12.8
21.6
13.1
3.4
508.6
510.0
71.1
34,800
3,140
61.8
14,853
14.4
29.7
12.7
3.6
495.8
510.4
69.1
34,300
3,025
60.9
14,686
13.6
27.3
12.5
3.9
499.8
505.8
67.5
32,100
3,115
59.1
14,372
11.7
18.4
Page8
Gravesham
Gravesham,Kent
2009
2010
2011
2012
2013
40
44
85
66
32
55
15
22
6
14
19
39
48
66
67
31
55
14
12
7
6
21
37
46
80
74
35
55
14
2
7
9
22
35
43
94
74
22
55
14
62
6
5
36
34
43
77
69
20
55
17
50
3
14
26
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Gravesham,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
10.0
2.3
535.4
505.9
75.9
27,400
3,090
63.3
11,558
9.5
20.6
11.8
4.0
487.3
517.4
74.0
27,100
3,085
60.8
12,089
8.1
23.0
12.2
3.8
532.0
550.9
76.2
25,800
3,100
59.2
12,172
8.1
25.6
12.0
4.1
604.7
552.9
65.4
26,000
3,010
65.4
11,690
7.6
31.9
12.2
4.2
525.1
540.5
65.8
25,400
3,135
60.0
11,670
8.9
29.1
Page9
Maidstone
Maidstone,Kent
2009
2010
2011
2012
2013
67
58
50
68
60
70
70
65
78
46
60
70
51
38
70
65
70
69
36
77
42
65
65
48
51
77
67
70
69
47
74
46
67
64
47
39
68
67
70
68
37
75
47
69
63
46
55
69
63
70
68
70
72
46
57
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Maidstone,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
7.1
1.2
454.9
508.7
70.5
74,700
6,715
68.0
21,108
13.2
27.9
8.4
2.5
445.2
521.6
75.8
70,900
6,735
64.0
22,168
12.8
31.4
8.9
2.4
474.3
558.4
81.0
68,800
6,770
67.0
21,356
12.9
34.3
8.6
2.5
461.9
535.3
83.6
69,400
6,600
62.4
20,803
13.6
37.2
8.7
2.5
480.6
543.0
76.8
68,400
6,685
62.4
20,757
13.4
30.8
Page10
Sevenoaks
Sevenoaks,Kent
2009
2010
2011
2012
2013
84
86
88
89
36
74
64
64
38
84
56
86
82
66
86
43
74
65
67
39
79
68
84
80
75
90
36
74
65
78
47
82
54
86
80
73
94
47
74
67
55
42
69
61
84
80
71
81
42
74
67
47
48
71
51
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Sevenoaks,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
5.7
0.9
544.9
583.7
72.5
41,200
6,260
67.8
14,863
22.5
33.4
6.9
2.0
489.0
578.2
76.0
42,900
6,370
67.3
15,781
20.8
44.6
7.1
1.9
518.3
613.3
67.6
39,900
6,385
70.3
16,819
21.5
35.4
6.6
1.8
510.2
651.6
76.4
43,900
6,355
64.8
15,824
18.0
41.9
6.7
1.8
512.9
582.0
78.1
44,500
6,565
59.7
17,229
18.6
37.4
Page11
Shepway
Shepway,Kent
2009
2010
2011
2012
2013
27
43
52
49
25
77
24
9
34
46
21
26
50
35
40
26
77
24
10
34
31
26
23
45
36
44
22
77
23
8
38
40
20
23
44
39
46
28
77
23
12
44
46
13
27
43
49
32
29
77
25
21
47
42
11
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Shepway,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
12.0
2.5
457.0
472.2
75.2
35,200
3,525
60.7
14,408
13.2
23.1
13.8
4.0
441.6
464.8
73.4
35,600
3,585
60.4
15,285
11.3
26.9
14.3
4.1
452.0
480.8
70.5
35,900
3,565
61.4
15,762
11.9
25.4
13.9
4.2
461.9
490.9
74.9
38,500
3,470
58.8
16,061
13.4
20.5
13.4
4.1
475.0
469.0
75.8
38,100
3,575
55.7
17,058
12.8
21.5
Page12
Swale
Swale,Kent
2009
2010
2011
2012
2013
32
38
48
49
53
65
45
56
29
11
27
31
39
64
54
47
65
42
15
30
16
20
31
38
59
66
51
65
41
0
22
26
43
28
37
35
70
54
65
40
22
26
26
39
27
35
16
68
55
65
40
18
31
28
34
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Swale,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
11.1
2.1
451.3
471.3
74.1
44,000
4,585
67.3
14,127
9.2
18.8
13.2
3.7
483.2
491.5
68.4
41,900
4,485
61.3
14,713
9.5
17.4
13.2
3.6
482.9
523.1
70.9
41,500
4,460
57.7
14,177
10.2
25.7
13.1
3.8
454.9
540.9
74.4
45,100
4,330
60.5
14,121
10.3
25.6
13.4
4.1
427.3
540.1
75.5
43,200
4,350
55.3
15,154
10.7
25.2
Page13
Thanet
Thanet,Kent
2009
2010
2011
2012
2013
12
30
6
22
42
66
26
6
15
15
20
10
31
2
14
46
66
25
18
15
15
25
9
31
2
4
41
66
25
20
18
22
31
8
29
5
4
32
66
25
21
17
17
46
6
27
2
5
36
66
25
45
17
15
46
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
Thanet,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
14.9
3.2
383.7
426.3
70.9
39,600
3,650
59.8
12,601
9.7
17.3
17.2
5.1
375.9
423.4
73.2
40,100
3,625
61.9
13,250
9.4
20.7
17.6
5.2
370.3
402.9
70.5
38,700
3,630
63.4
13,602
9.7
24.5
17.3
5.6
392.1
412.5
58.9
40,200
3,560
60.4
13,239
9.4
29.0
17.8
6.1
383.3
415.1
63.6
39,000
3,580
59.5
13,615
9.0
30.6
Page14
Tonbridge&Malling
TonbridgeandMalling,Kent
2009
2010
2011
2012
2013
81
79
75
72
42
77
51
80
72
61
37
80
75
73
86
51
77
53
58
73
65
58
79
75
80
75
47
77
54
79
71
78
61
79
74
64
86
48
77
54
79
72
70
52
78
70
77
86
32
77
54
89
71
65
51
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
TonbridgeandMalling,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
5.9
1.0
500.7
518.2
72.9
55,200
5,090
69.5
19,795
16.8
24.2
7.2
2.2
501.8
576.6
77.8
54,800
5,280
66.4
20,809
17.3
35.0
7.5
1.9
533.8
552.1
74.1
53,200
5,295
70.4
20,902
20.0
37.9
7.1
2.0
493.2
600.0
72.7
55,000
5,145
67.4
20,314
18.4
32.8
7.4
2.1
526.8
600.2
63.3
56,500
5,250
65.0
20,722
17.3
34.2
Page15
TunbridgeWells
TunbridgeWells,Kent
2009
2010
2011
2012
2013
73
85
63
87
33
50
60
79
62
84
49
75
84
52
84
37
50
61
71
62
86
47
74
83
59
86
37
50
61
61
64
84
58
76
83
59
88
42
50
63
61
63
87
47
82
85
85
88
38
50
63
82
66
81
53
2013
UnemploymentRate
EmploymentRate
TotalEmployees
Stockofbusinesses
GVAperHead
%NVQ4+
TunbridgeWells,Kent
UnemploymentRate(%)
EmploymentRate(%)
TotalEmployees
Stockofbusinesses
GVAperHead()
%NVQ4+
2009
2010
2011
2012
6.5
1.0
474.1
573.8
74.4
46,600
5,855
69.4
18,496
22.4
31.6
7.7
2.0
463.5
574.1
76.4
47,500
5,990
68.0
19,153
22.6
32.5
7.9
1.8
483.0
592.4
75.3
45,600
6,045
68.6
19,655
21.8
41.3
7.4
1.7
486.0
609.8
78.2
48,000
6,030
65.2
19,000
23.0
35.3
6.8
1.5
554.6
613.5
77.8
48,300
6,225
63.7
19,884
21.1
41.1
Page16

Kent Economic Indicators 2013

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Kent Economic Indicators 2013

Uploaded by

Copyright:

Available Formats

BusinessIntelligenceStatisticalBulletin

You might also like