Economy
Page updated on: 18/10/2023
This outlines the economic profile to January 2019. The stock of active businesses in Carmarthenshire increased by 0.5% (+30 units) between 2016 and 2017. A total of 625 business ‘births’ and 635 ‘deaths’ were recorded with the total stock levels rising to 6,165.
Economic Activity Rate
(working age, period to March 2023)
Source: Nomis, Annual Population Survey
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | 73.9% | +1.8% |
| Wales | 75.5% | -0.1% |
| UK | 78.3% | -1.0% |
Employment Rate
(working age, period to September 2018)
Source: Nomis, Annual Population Survey
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | 72.9% | +0.5% |
| Wales | 72.6% | +0.7% |
| UK | 75.0% | +0.6% |
Unemployment Rate
(claimants adjusted December 2018)
Source: Nomis, JSA Claimants
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | 1.5% | +0.4% |
| Wales | 0.8% | -0.3% |
| UK | 0.8% | -0.3% |
Business Stocks (2017)
Source: Stats Wales
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | 6,165 | +0.5% |
| Wales | 102,890 | +4.5% |
| UK | 2,925,600 | +3.2% |
Earnings
(full-time gross weekly, 2018)
Source: Nomis, Annual Survey of Hours & Earnings
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | £511.40 | +1.2% |
| Wales | £518.60 | +2.5% |
| UK | £569.00 | +3.4% |
House Prices
(average house price, November 2018)
Source: Average House Price Index
| Area | Latest Value | Annual Change |
|---|---|---|
| Carmarthenshire | £145,791 | +5.0% |
| Wales | £161,499 | +5.0% |
| UK | £230,630 | +2.8% |
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