|Contributions||Wiltshire Training and Enterprise Council.|
• An assessment and definition of the local functional economic market areas relating to Wiltshire and Swindon using the most up to date and robust information available; and • An objective assessment of employment need for Wiltshire and Swindon per FEMA, in terms of number of jobs by sector and in terms of land by employment use. Swindon and Wiltshire Functional Economic Market Area Assessment (FEMA) PDF MB Final draft report and appendices setting out the project brief and objectives and the results of the assessment. Lower economic output than comparator areas and lagging growth As a headline measure, Gross Value Added (GVA) helps to quantify the overall value of an area’s economy. It is driven by the sectoral composition of economic activity across Swindon and Wiltshire, as well as the efficiency by which economic resources are used. Over time Swindon’s employment rate has seen a better improvement over the , period, increasing by 4pp. Economic activity rate increased by 2pp in Swindon and 3pp in Wiltshire. Looking at economic inactivity rates for the working age population, in , there were.
Councillor Toby Sturgis presented the report which asked Cabinet: to c onsider the draft Strategic Housing Market Assessment and Functional Economic Market Area Assessment; and to agree to their publication as part of the evidence base to inform the review of the Wiltshire Core Strategy.. Prior to consideration of the item, and in a response to a representation from a member of the public, the. “The Local Economic Assessment provides an in-depth overview of the key drivers of growth in the Swindon and Wiltshire economy. The aim is to provide a technical analysis of local economic. Swindon and Wiltshire Functional Economic Market Area Assessment (FEMA) and all associated appendices and maps are located in the FEMA document download. Since the publication of the SHMA report, there have been changes to government policy and new data has also been published. The Swindon & Wiltshire LEP is committed to the highest possible standards of openness and accountability. Here, our document library provides a full archive .
Swindon Borough and Wiltshire Councils commissioned two independent studies to inform the review of their local plans including the preparation of a non-statutory Joint Spatial Framework to enable each plan period to be extended to These are: A Strategic Housing Market Assessment (SHMA); and; A Functional Economic Market Area Assessment. The /18 Local Economic Assessment (LEA) for Swindon and Wiltshire provides a strong evidence base for the Swindon and Wiltshire Local Enterprise Partnership (SWLEP) to shape its strategic decision making. This includes a focus on the development of Local Industrial Strategy (LIS) and the UK’s economic growth agenda. Swindon and Wiltshire LEP recognises that there are gaps in knowledge about the rural economy of the area. This Rural Economic Study has been developed to examine the rural part of the Swindon and Wiltshire economy, how it performs, what are its strengths and weaknesses, what are the threats and barriers to growth of the rural economy and what opportunities can be seized to further its. The SHMA was jointly commissioned by Wiltshire Council and Swindon Borough Council to provide a consistent evidence base for housing across the Swindon and Wiltshire HMA. It has been prepared alongside an Economic Development Needs Assessment for the combined area.