Page 92 - Minutes of meeting
P. 92

The Productivity Challenge


   Composition of the Economy






                                                            Barrow GVA per                                                 Productivity gap
                         Sector*                             FTE Employee               % share of overall              between Barrow and                   Change in sector GVA
                                                                                                                                                                  (last 5 years) %
                                                                                                 GVA
                                                                   (2018)                                            England (minus London)

    Agriculture, mining, electricity, gas, water and waste         £210,732                        7%                               78%                                   57%

    Manufacturing                                                  £70,820                        42%                               -10%                                  27%


    Construction                                                   £51,494                         4%                               -39%                                  -14%


    Wholesale and retail trade; repair of motor vehicles           £41,231                         9%                               -23%                                  12%

    Transportation and storage                                     £147,606                        9%                               186%                                   9%


    Accommodation and food service activities                      £25,833                         2%                               -17%                                  29%
    Professional, scientific and technical activities                                                                               -34%
    (including financial and digital)                              £50,526                         6%                                                                      5%

    Administrative and support                                     £37,551                         1%                               -13%                                  -12%

    Public administration, education, health                       £44,632                        17%                               -14%                                  19%


    Arts, entertainment and other services                         £47,143                         2%                               -16%                                   3%

    Overall                                                        £60,441                        100%




     * Real Estate Activities removed.
   Source: Regional GVA (Balanced), ONS, 2019; BRES, ONS, 2019 Note: it is considered likely that the transportation and storage figures are skewed
   by activity by both BAE Systems and the offshore wind sector
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