Rochford conomy 0 verview · L Real Estate Activities 280 M Professional, Scientific and Technical...

Rochford Economy Overview

Emsi Q1 2018 Data Set, Sept 2018

Emsi Q1 2018 Data Set | www.economicmodeling.com 1

EconomyOverview

Rochford

EmsiQ12018DataSet

September2018


Parameters

Regions

Code Description

22UL Rochford Timeframe 2011-2017

Datarun 2018.1–Employees

Additional data sources and further information

Official Labour Market Statistics: www.nomisweb.co.uk FE Data Library: https://www.gov.uk/government/collections/fe-data-library Rochford Council: www.rochford.gov.uk Office for National Statistics: https://www.ons.gov.uk/ Commuting patterns in and out of Rochford (2011 Census): https://www.nomisweb.co.uk/census/2011/WU03UK/chart/1132462217


EconomyOverview

Population(2017) 85.6k

Jobs(2017) 22.0k

AverageWages(2017) £25.8k

Exports(2014) £1.7b

Imports(2014) £2.9b


Population

85.6k 2.0%

2017Population PopulationGrowthfortheLast5Years1.4%ofGov'tOfficeRegion Gov'tOfficeRegionGrowth4.2%

AgeGroup 2017Population

%ofPopulation

Under5years 4,364 5.1% 5to9years 4,862 5.7% 10to13years 3,897 4.6% 14to15years 1,880 2.2% 16to18years 2,963 3.5% 19to24years 4,989 5.8% 25to29years 4,135 4.8% 30to34years 4,052 4.7% 35to39years 4,742 5.5% 40to44years 5,397 6.3% 45to49years 6,579 7.7% 50to54years 6,614 7.7% 55to59years 5,960 7.0% 60to64years 5,306 6.2% 65to69years 5,409 6.3% 70to74years 5,360 6.3% 75to79years 3,598 4.2% 80to84years 2,823 3.3% 85yearsandover 2,656 3.1%


JobsbyIndustry

22,046TotalJobs(2017)

SIC Industry 2017Jobs

A Agriculture,ForestryandFishing 31 B MiningandQuarrying 0 C Manufacturing 1,899

D Electricity,Gas,SteamandAirConditioningSupply 112

E WaterSupply;Sewerage,WasteManagementandRemediationActivities 244

F Construction 2,094

G WholesaleandRetailTrade;RepairOfMotorVehiclesandMotorcycles 3,475

H TransportationandStorage 1,688

I AccommodationandFoodServiceActivities 1,665

J InformationandCommunication 530 K FinancialandInsuranceActivities 264 L RealEstateActivities 280

M Professional,ScientificandTechnicalActivities 1,460

N AdministrativeandSupportServiceActivities 1,895

O PublicAdministrationandDefence;CompulsorySocialSecurity 573

P Education 2,516 Q HumanHealthandSocialWorkActivities 1,941 R Arts,EntertainmentandRecreation 789 S OtherServiceActivities 589


AverageWagesbyIndustry

£25.8k Avg.Wages(2017)91%ofNationAvg.

SIC Industry Avg.Wages(2017)

A Agriculture,ForestryandFishing £21,497 B MiningandQuarrying £0 C Manufacturing £31,274

D Electricity,Gas,SteamandAirConditioningSupply £53,492

E WaterSupply;Sewerage,WasteManagementandRemediationActivities £31,067

F Construction £35,283

G WholesaleandRetailTrade;RepairOfMotorVehiclesandMotorcycles £21,755

H TransportationandStorage £33,768

I AccommodationandFoodServiceActivities £17,444

J InformationandCommunication £40,335 K FinancialandInsuranceActivities £33,754 L RealEstateActivities £25,163

M Professional,ScientificandTechnicalActivities £34,740

N AdministrativeandSupportServiceActivities £18,970

O PublicAdministrationandDefence;CompulsorySocialSecurity £27,759

P Education £21,943 Q HumanHealthandSocialWorkActivities £21,519 R Arts,EntertainmentandRecreation £14,483 S OtherServiceActivities £18,658


RegionExports

£1.7bExports(2014)68%ofSupply

SIC Industry Exports(2014)

A Agriculture,ForestryAndFishing £41,890,649 B MiningAndQuarrying £927,782 C Manufacturing £361,282,625

D Electricity,Gas,SteamAndAirConditioningSupply £74,565,939

E WaterSupply;Sewerage,WasteManagementAndRemediationActivities £26,418,260

F Construction £346,603,459

G WholesaleAndRetailTrade;RepairOfMotorVehiclesAndMotorcycles £134,030,720

H TransportationAndStorage £118,197,995

I AccommodationAndFoodServiceActivities £28,893,948

J InformationAndCommunication £38,790,458 K FinancialAndInsuranceActivities £44,589,440 L RealEstateActivities £49,977,736

M Professional,ScientificAndTechnicalActivities £82,271,939

N AdministrativeAndSupportServiceActivities £46,013,360

O PublicAdministrationAndDefence;CompulsorySocialSecurity £59,625,422

P Education £68,770,001 Q HumanHealthAndSocialWorkActivities £98,852,834 R Arts,EntertainmentAndRecreation £35,619,364 S OtherServiceActivities £14,603,879


RegionImports

£2.9b £764.3m

Imports(2014) LocallyProduced&Consumed(2014)79%ofDemand 21%ofDemand

SIC Industry Imports(2014)

A Agriculture,ForestryAndFishing £63,722,606 B MiningAndQuarrying £12,143,738 C Manufacturing £579,875,234

D Electricity,Gas,SteamAndAirConditioningSupply £109,132,321

E WaterSupply;Sewerage,WasteManagementAndRemediationActivities £35,560,726

F Construction £55,482,549

G WholesaleAndRetailTrade;RepairOfMotorVehiclesAndMotorcycles £496,552,418

H TransportationAndStorage £131,294,826

I AccommodationAndFoodServiceActivities £200,402,582

J InformationAndCommunication £139,573,341 K FinancialAndInsuranceActivities £263,930,433 L RealEstateActivities £102,000,373

M Professional,ScientificAndTechnicalActivities £135,040,578

N AdministrativeAndSupportServiceActivities £122,993,466

O PublicAdministrationAndDefence;CompulsorySocialSecurity £14,429,779

P Education £112,626,873 Q HumanHealthAndSocialWorkActivities £118,834,896 R Arts,EntertainmentAndRecreation £124,209,090 S OtherServiceActivities £84,767,547


RegionalTrends

Region 2011Jobs 2017Jobs Change %Change

● Region 19,982 22,046 2,064 10.3%

● LEP-SouthEast(revised) 1,411,156 1,555,330 144,174 10.2%

● Nation 26,588,784 29,606,940 3,018,156 11.4%


BusinessLocalUnitSizeDistribution

Category 2014LocalUnits 2015LocalUnits 2016LocalUnits 2017LocalUnits

0-4Employees 2,675 2,817 2,952 3,045

5-9Employees 405 424 400 393

10-19Employees 230 248 250 229

20-49Employees 147 157 134 151

50-99Employees 23 30 41 40

100-249Employees 19 16 13 11

250-499Employees 4 5 3 2

500-999Employees 1 1 1 2

1000+Employees 1 1 0 1

Total 3,506 3,697 3,793 3,874


Growing&DecliningOccupations

Occupation ChangeinJobs(2011-2017)

Airtravelassistants 128 Humanresourcesandindustrialrelationsofficers 114 Vehicletechnicians,mechanicsandelectricians 93 Fitnessinstructors -48 Secondaryeducationteachingprofessionals -70 Refuseandsalvageoccupations -78


Growing&DecliningIndustries

Industry ChangeinJobs(2011-2017)

Activitiesofemploymentplacementagencies 403 Combinedfacilitiessupportactivities 396 Passengerairtransport 363 Collectionofnon-hazardouswaste -187 Publicadministrationanddefence;compulsorysocialsecurity -339 Manufactureofairandspacecraftandrelatedmachinery -498


2017AgeCohortDemographics

AgeCohort 2017

Population 2017Percent

● Under16years 15,003 17.5% ● 16to34years 16,139 18.9% ● 35to54years 23,332 27.3% ● 55to74years 22,035 25.7% ● 75yearsandover 9,077 10.6%


2017EthnicityDemographics

Ethnicity 2017

Population 2017Percent

● AllOtherEthnicities 1,843 2.2% ● White:Irish 494 0.6% ● White:OtherWhite 877 1.0% ● Mixed:AllMixed 1,042 1.2% ● White:British 81,330 95.0%


TopRegionalBusinesses

BusinessName

PsclManagementLtd

CastledonLtd

SeetecBusinessTechnologyCentreLimited

DonovanTradingLimited

LocalPublicationsSaffronWaldenLimited


AppendixA-DataSourcesandCalculations

Input-OutputDataThisreportcontainsdatafromEmsi'sInput-Outputmodel.ItisbasedondatafromOfficeforNationalStatistics'sInput-Outputsupplyandusetables,Censusflowsdata,UKBusinessCountsfromBRES,andseveralEmsiin-housedatasets.

EquifaxBusiness-LevelDataDataforindividualbusinessesisprovidedbyEquifax,whichmaintainsadatabaseofmorethan5millionbusinessentitiesinGreatBritain.NotethatinaggregateitwillnotbeconsistentwithEmsilabormarketdataduetodifferencesindefinitions,methodology,coverage,andindustry/geographicclassification.

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