Rising GDP means little if you are struggling to find affordable housing, book GP appointments, or access green spaces. It is these factors, coupled with the spending power people feel in their everyday lives, that dictate how growth is manifesting at a local level.
For more than a decade, our research into good growth has explored why economic progress improves lives more effectively in some places than others. This year’s Good Growth Barometer report builds on that work with a more granular view of local prosperity. It is powered by a new tool, the Place-Based Intelligence Model, developed by PwC’s Strategy& Economics team.
Explore what is helping and hindering growth in your area
Read expert commentary on PwC’s Good Growth Barometer findings
The model combines household spending power with the social and environment conditions that shape daily life, identifying the factors most closely associated with stronger or weaker outcomes in each place. This means local leaders and businesses can target action and investment where it will make the biggest difference to people’s lives, backed by HM Treasury Green Book-aligned evidence.
Ensuring economic opportunity is translating into better outcomes across the country will ultimately help more communities share in the benefits of growth, as places are given more responsibilities for shaping their own futures.
Leader of Industry for Government and Health Industries, PwC United Kingdom
Tel: +44 (0)7841 783022