Sectors & supply chain

The mix of assets right across the Midlands’ multi-centred economy brings measurable value. The region has demonstrated strong economic resilience through periods of recession, outperforming geographies with reliance on a narrower range of sectors. Our contribution to the UK economy is material and measurable.

• The Midlands Engine was home to 410,270 enterprises in 2020, an increase of 1.4% since 2019 compared to 0.4% for the UK in the same period.
• In 2020, there were 50,330 enterprise births, a decrease of 9.5% since 2019 compared to a decrease of 8.3% for the UK.
• There are seven sectors where the Midlands Engine has a higher percentage of GVA when compared to the UK average, including advanced manufacturing and engineering (15.7% vs 9.6%), and health care and life sciences (10.2% vs 9.1%).