Release Date: February 2014
The 2013 edition of the Greater Manchester Forecasting Model (GMFM) comes at a time of a more optimistic outlook for the UK economy. A number of leading indicators, such as GDP and the purchasing managers’ surveys for manufacturing, construction and services, all suggest that the economy is now slowly recovering from the downturn.
GMFM examines how this recovery will manifest itself across Greater Manchester in terms of economic output and how this will relate to trends around skills and population growth. The briefing explores each of these areas in more detail.