Our Economy is an annual event which showcases the latest data, evidence and analysis relating to the North East.
Executive summary
Each year, Our Economy brings together attendees from the North East community, with a mix of policy makers, business representatives and education providers. As well as an overarching update, Our Economy also focuses on a particular theme. For 2023 this is inclusive productivity.
Why inclusive productivity?
Inclusive productivity combines two of the key challenges facing the North East, closing the productivity gap with the national average, and creating an inclusive economy where the benefits of economic growth are felt by everyone who lives, works, studies and visits our region.
There is a growing body of thought and research which links inclusive growth with improving productivity, but they still tend to be considered independently. This Our Economy event can begin to tie these threads together while promoting evidence based policymaking in the North East.
Our research
In support of our ambitions, we have partnered with Ortus Economic Research and Kada Research to look for lessons on inclusive productivity from similar regions around the world.
In addition, we have analysed a range of economic and social indicators to understand the current position of the North East across both productivity and inclusivity. We were supported in this by Dr Arpita Bhattacharjee of Northumbria University who helped us identify key data sources to focus on.
Finally we are also publishing the results of a research project into the number of exporters in the region, where we partnered with Glass AI to identify businesses in the region with exporting signals.
Our Economy 2023
Progress and challenges
A summary of the core economic circumstances in the North East during a time of uncertainty and change
