Economy

Page updated on: 07/03/2018

This outlines the economic profile to March 2018. The stock of active businesses in Carmarthenshire increased by almost +3% (+175 units) between 2015 and 2016. A total of 665 business ‘births’ and 615  ‘deaths’ were recorded with the total stock levels rising to 6,135. 

Economic Activity Rate
(working age, period to September 2017)
Source: Nomis, Annual Population Survey

Area Latest Value Annual Change
Carmarthenshire 77.5% 0%
Wales 75.7% +1.0%
UK 78.0% +0.3%

Employment Rate
(working age, period to September 2017)
Source: Nomis, Annual Population Survey

Area Latest Value Annual Change
Carmarthenshire 73.4% -0.6%
Wales 71.9% +0.8%
UK 74.4% +0.7%

Unemployment Rate
(claimants adjusted January 2018)
Source: Nomis, JSA Claimants

Area Latest Value Annual Change
Carmarthenshire 1.42% -0.2%
Wales 1.2% -0.1%
UK 1.1% -0.1%

Business Stocks (2016)
Source: Stats Wales

Area Latest Value Annual Change
Carmarthenshire 6,135 +2.9%
Wales 98,445 +3.6%
UK 2,833,965 +7.9%

Earnings
(full-time gross weekly, 2017)
Source: Nomis, Annual Survey of Hours & Earnings

Area Latest Value Annual Change
Carmarthenshire £517.50 +4.7.6%
Wales £505.90 +1.3%
UK £550.40 +2.2%

House Prices
(average house price, December 2017)
Source: Average House Price Index

Area Latest Value Annual Change
Carmarthenshire £142,664 +5.9%
Wales £154,398 +5.5%
UK £226,756 +5.2%

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