Economic Analysis
CAG has a team of highly skilled and experienced economists who provide a range of economic development services.
Analysis And Forecasting
Good local economic analysis uses data rather than presents it.
We use our skills to understand how a local economy works, what are its assets, how it functions in relation to neighbouring areas and where its current trajectory is taking it.
Typical work we undertake includes:
- Local Economic Assessments
- Analysis and forecasts to inform Employment Land Reviews
- Baseline analysis to inform Economic Impact Assessments
We also undertake a range of forecasting work. Recent examples have included:
- Forecasts of future office floorspace demand in London to inform the London Plan
- Forecasts of the future demand for industrial land in London
- Small area population and employment forecasts for Transport for London
Please see our case study on Analysis and Forecasting:
Transport for London Small Area Population and Employment Forecasts.
Business Case Assessment
In times of economic austerity getting spending and investment decisions right carries an even greater premium.
CAG have a team of economists with a long track record in undertaking and presenting Business Cases including those consistent with the Treasury Five Cases model.
Our team members also have substantial experience in undertaking Appraisals consistent with Treasury Green Book. We undertake a thorough options appraisal to ensure we help you develop the most effective scheme to deliver your project objectives and demonstrate the value of public investment.
Our team members also have substantial experience in undertaking Appraisals consistent with Treasury Green Book. We undertake a thorough options appraisal to ensure we help you develop the most effective scheme to deliver your project objectives and demonstrate the value of public investment.
Whether major transport projects, such as Crossrail 2, or smaller scale schemes, such as an affordable workspace development, we have the skills and experience to present your case.
Please see our case studies on Business Case Assessments:
Impact Studies And Appraisal
CAG Partners have a long track record in undertaking socio-economic impact assessment across a range of projects.
This work can be used to inform the development of a project and hence improve its effectiveness or mitigate any adverse impacts. Or it might be used to demonstrate the value of an investment, project, attraction or operation to the wider economy.
We have robust techniques to analyse direct, indirect and multiplier impacts as well as qualitative techniques to analyse potential catalytic effects.
Typical projects we have experience of include:
- Socio-economic chapters of Environmental Impact Assessments
- Impact of transport infrastructure investment
- Value of cultural assets
- Impact of a proposed new investment such as a port facility
- Impact of a housing or mixed-use development
- Contribution a business makes to the economy
Please see our case study on Impact Studies and Appraisal:
Labour Market/Skills Analysis
As the key driver of productivity, skills are vital to improving local economies. This might be related to general education and skill levels or to very job-specific skills.
We can help you get a good understanding of the skills needs of your local area or sector and how this matches with the skills of the local workforce and the available training provision.
The nature of work has changed rapidly in the last 25 years and will continue to do so at an ever-accelerating rate, so it is essential to keep on top of this issue.
Our range of work includes:
- Forecasts of labour demand
- Forecasts of labour supply
- Occupational analysis of labour markets
- Analysis of commuting trends and patterns
- Mapping of training provision
- Identifying skills and training needs
- Evaluation of labour market programmes
Please see our case study on labour market/skill analysis: