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Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Business and the Lincolnshire Economy – A look at business.

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Presentation on theme: "Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Business and the Lincolnshire Economy – A look at business."— Presentation transcript:

1 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Business and the Lincolnshire Economy – A look at business demography and performance Amanda O’Connor Principal Development Officer Research & Information Team

2 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Businesses in Lincolnshire Some definitions Types of industry in Lincolnshire The size of businesses The number of active enterprises and their age Lincolnshire business demography - business births deaths and survivals A local picture of business taken from our Quarterly Economic Survey

3 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy What is a business An organisation that trades in goods and services for a financial reward Sole traders, partnerships, companies, government organisations Business Enterprises and local units

4 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

5 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

6 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

7 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Defra Agricultural Survey, 2005 Concentrations of Farms >5 ha Agriculture

8 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Agri-Food Source: Annual Business Inquiry 2008, Office for National Statistics Concentrations of Agri-Food Workplaces

9 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Construction Concentrations of Construction Workplaces Source: Annual Business Inquiry 2008, Office for National Statistics

10 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Professional, Scientific & Technical Concentrations of Professional, Scientific & Technical Workplaces Source: Annual Business Inquiry 2008, Office for National Statistics

11 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Concentration of Accommodation & Food Workplaces Source: Annual Business Inquiry 2008, Office for National Statistics

12 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Non-Food Manufacturing Concentrations of Non-Food Manufacturing Workplaces Source: Annual Business Inquiry 2008, Office for National Statistics

13 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics 25%29%24%22% 21%24% 31%

14 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

15 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

16 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

17 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Office of National Statistics

18 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy 76.6% 73.9% 46.9%46.6% Source: Office of National Statistics

19 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy 8.3% Source: Office of National Statistics 37.3%45.6%

20 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy About the data and its uses ONS data - geography and time lag Quantitative Influencing employment, productivity, and location Lincolnshire Quarterly Economic Survey (QES)

21 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Lincolnshire Quarterly Economic Survey (QES) Collaboration with the Lincolnshire Chamber of Commerce and Lincoln University A panel of 3000+ Lincolnshire businesses A Quarterly survey - reported Quarterly Provides a local business barometer Important local evidence base Influential both nationally and locally To join the panel contact the Lincolnshire Research Observatory

22 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Stay the Same Decrease Increase Source: Quarterly Economic Survey

23 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Stay the Same Decrease Increase Source: Quarterly Economic Survey

24 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Stay the Same Decrease Increase Source: Quarterly Economic Survey

25 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Source: Quarterly Economic Survey

26 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Stay the Same Decrease Increase Source: Quarterly Economic Survey

27 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Lincolnshire Business – a summary Traditional industries More small businesses More ‘established’ business Local optimism Recovering slowly

28 Lincolnshire Research Observatory www.research-lincs.org.uk Business and the Lincolnshire Economy Any Questions

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