About Us

Regional Economic Forecasting Panel

The Regional Economic Forecasting Panel was set up in 2003.  It consists of 12 senior representatives of business, academia and the public sector in the Northwest.  On an annual cycle, the Panel produces three year forecasts for the Northwest updated six-monthly and a long-term forecast consistent with the planning horizon for the Regional Economic Strategy.  In 2009-10, the contract for provision of services of the panel was awarded to SQW with forecasting expertise supplied by Cambridge Econometrics. 

The Panel's latest publication is the Business Forecasts Northwest Spring 2010 report, a short-term forecast covering the period 2010 - 2013. This report looks at the current economic climate in the Northwest and provides a three year forecast taking into account threats and opportunities to the Northwest economy from global and UK prospects. 

The Spring Business Forecasts Northwest report takes a cautious view of the current economic climate highlighting a number of risks the Northwest economy will have to traverse to secure its economic recovery.

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Available Downloads

2011

State of the Northwest Economy Long Term Forecasts (January 2011)

2010

Business Forecasts Northwest (Spring 2010) (Full Report)
State of the Northwest Economy Long Term Forecasts (March 2010)

2009

Business Forecasts Northwest (Autumn 2009) (Full Report)
Business Forecasts Northwest (Spring 2009) (Full Report)
State of the Northwest Economy Long Term Forecasts (April 2009)

2008

Business Forecasts Northwest (Autumn 2008) (Full Report)
Business Forecasts Northwest (Spring 2008) (Full Report)
State of the Northwest Economy Long Term Forecasts (May 2008)
State of the Northwest Economy Executive Summary (May 2008)

For more information on the Regional Economic Forecasting Panel please contact: nwriu@nwda.co.uk

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