COVID-19 Economic Impact Dashboard

 

Our COVID-19 Economic Impact Dashboard is a companion to the full Coast to Capital Coronavirus (COVID-19) Economic Impact Assessment (EIA), which can be found here.

 

The dashboard presents a summary of key impact indicators and has been updated with data covering the period of August 2021 to October 2021. In some cases, there was a publication delay of some datasets with some indicators having more recent updates.

 

 

 

Headline findings

 

  • Estimates suggest our gross value added (GVA) could have declined by up to 12% in 2020, compared to a 9.9% contraction in the UK 
  • Company insolvencies in 2021 are currently 8% higher than the 2020 total. However, the total number of new company registrations was higher than the total insolvencies in both 2020 and 2021
  • High growth companies continued to see more positive than negative impacts from the pandemic in October 2021 with 67% creating job opportunities
  • Crawley continued to have the highest percentage of those claiming Universal Credit with a rate of 5.8% in October 2021. This is 2 percentage points higher than the Coast to Capital average of 3.8%
  • Postings for Health professionals made up 11% of all postings in Coast to Capital in October 2021, compared to 9% for the South East and 8% in England
  • Coast to Capital had higher take up rates for both does of the COVID-19 vaccine by October 2021 for the 30-44 age group, at 3.6 percentage points higher than the England rate
  • Postings for 'green jobs' in Coast to Capital increased 47% between 2020 and 2021

 

Key indicators will be monitored on a quarterly basis and future updates will be published on this page.

 

The August 2021 dashboard can still be accessed here.

 

Skills and Labour Market Impact Assessments

 

We have produced three reports assessing the impact of COVID-19 on skills and employment in the region. These are available in the related resources section of this page. As of August 2021, future Labour Market Impact Assessments will be incorporated into the quarterly economic impact dashboards.

 

Other COVID-19 impact research

 

Several of our partners across the region have also undertaken local research into the impact of COVID-19:

 

 

To follow our work on economic recovery planning please subscribe to the Coast to Capital newsletter

Visit our growth hub

Business Navigator Growth Hub
Phone

Get in touch
01293 305965

Follow us

TwitterLinkedIn

Our e-newsletter

SUBSCRIBE