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06 May 2020

The Black Country Economic Intelligence Unit providing real time economic intelligence and analysis to support region wide strategic planning

The Black Country Economic Intelligence Unit is providing real time economic intelligence and analysis to the Black Country and West Midlands Combined Authority as part of the West Midlands Regional Economic Development Institute (WM REDI) partnership.

This intelligence will ensure strategic planning is in place to support appropriate and timely planning for the Black Country and wider region in managing economic recovery post lockdown. In a regional collaboration with partners including the West Midlands Combined Authority, Greater Birmingham and Solihull LEP, GBS Chamber of Commerce, Business and Professional Services consortium, the West Midlands Growth Company, Aston University, Birmingham University, Birmingham City Council and the seven metropolitan Local Authorities in the West Midlands and the University of Warwick, the EIU and WM REDI are providing an up to date monitor of current COVID-19 economic impacts to help regional partners to shape responses and interventions to ensure the region continues to thrive.

The weekly monitor brings together data and intelligence from the WM REDI partnership into one single source which can be shared and utilised in planning and responding to the challenge of the virus. The weekly monitor covers everything from impact on business and finance in each of the regions key sectors to the implications of the rising death toll. The monitor is a practical report, a first port of call for emerging issues, sharing the region’s best data and intelligence.

Professor Delma Dwight, Director of Economic Intelligence at the Black Country Consortium said:

“It is essential we work with our regional partners to assess and report on the very real impact COVID-19 is having on the regional economy. Our aim is to provide relevant and timely information to allow all our partners to work together, to ensure a rapid and appropriate strategy is developed to mitigate the impact on the economy and ensure it recovers swiftly once the restrictions of lockdown are lifted.”

Find out more about the work of the Economic Intelligence Unit here:

Find out more about the West Midlands Weekly Economic Monitor here:

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