Research and Intelligence

REFP Long Term Forecasts - January 2011

Publisher :
Other
Date Published :
10 March 2011
Subject Keywords :
REFP, Regional Economic Forecasting Panel
Area :
Northwest
Format :
pdf

Abstract

This report sets out the North West Regional Economic Forecasting Panel's (REFP) consensus forecast for the medium and long-term. The Panel makes an assessment of the overall position of the North West economy given the nature of its vulnerabilities as public sector spending falls as a share of GVA and the nature of its opportunities as private sector firms contemplate investment and expansion, particularly in the region's key trading sectors. Leading to a view on how well the regional economy will adjust to the governments policy of the long-term "rebalancing" of the UK economy.

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