New Horizon Economics offer a range of economic analysis products and services, including partnered solutions with our associates. Our focus is on regional economic impact analysis, regional economic modelling and regional economic data products. Examples of services and products we can provide are detailed below, as well as testimonials from our clients.
SOCIO-ECONOMIC IMPACT ANALYSIS
- Projects at national and regional level, involving both quantitative (e.g. regional input-output, social valuation, cost-benefit) and qualitative (e.g. case study) approaches.
- A free economic impact evaluation of your company. See here for details.
ECONOMIC MODELLING
- For example, detailed 105 industry Input-Output model from UK/GB down to regional ITL3 level which can be extended to show mapping to FTEs, FTE occupations, qualifications, environmental variables etc., final demand sectors such as tourism spending, or linked to HMRC international trade data. Models make appropriate adjustments for regional trade, workplace/residence patterns and household income / spending model closure.
- General econometric modelling services.
- Training sessions in the theory and application of regional input-output models, and associated modelling approaches.
DATA PRODUCTS
- Time series regional economic variables such as GVA and FTE workers by
- 105 industry classification.
- bespoke / key sectors e.g. the tourist industry, the ‘IS-8’ – advanced manufacturing, creative industries, clean energy etc.
- National or regional competitor comparator analysis.
- Range of derived statistics, such as indices, growth rates, location quotients (industry specialisation), shift-share analysis etc.
- ‘WIM’ GVA estimates available below ITL1 regions to current UK monthly GVA release.
- Future economic projections of key economic variables by region and industry.
USER INTERFACE SOLUTIONS
- Economic models and databases available in user-friendly Excel-based interface, or web-based app, similar to the free web app on this site.
- Full User Interface training and after-sales service.
FREE ECONOMIC IMPACT ANALYSIS
- Using basic accounting data for your company, we will evaluate your direct and indirect contribution to national Gross Value Added and FTE employment.
- You will receive Excel tables and a brief accompanying explanation of the figures and how they were derived.
- Feel free to use this basic analysis for your own purposes (e.g. marketing, lobbying), or commission a Premium Analysis.
- The free offer is available until 31 December 2025 and is subject to our working capacity at the time.
- PREMIUM ANALYSIS – depending on your requirements, a Premium Analysis can
- Assess the economic contribution of your company to a specified UK region.
- Extend the range of variables in the modelling, e.g. detail which industries you indirectly support through your supply chain, the skills and occupations you support, your environmental footprint etc.
- Extend the analysis to estimate social economic value, e.g. if you employ volunteers, or assist vulnerable/disadvantaged sections of your community.
- Extend the analysis to include ancillary final demand effects, e.g. if your business attracts tourists.
- Articulate qualitative impacts, e.g. case studies.
- Provide a professionally designed report and presentation slide pack.
- General after-sales care.
CONTACT US
You can contact us here if you would like to discuss any of our products or services.
TESTIMONIALS
“At PCC, our Economic Development team regularly use the AMORE economic data base and impact analysis tool to allow for assessments of the city’s economic structure to be conducted. We have utilised this tool for several years and have found it both to be a very comprehensive and accessible data tool within our work. The model is easy to use and the training and on-going support from Steve has very much helped build the capability and confidence of our in-house team in using this tool within our approach to economic evaluations.”
Julia Blaschke, Economic Development Manager,
“The economic impact analysis showed how Oldham Athletic Football Club supports jobs, attracts visitors and benefits the regional economy. It has given us the evidence we need to demonstrate the club’s value as both a sporting and economic asset. This is an important step for the club and the community.”
Darren Royale, CEO Oldham Athletic FC
“Steve’s face-to-face training and support on input-output modelling has been invaluable for my team. The clarity and depth of his training mean the benefits extend well beyond the sessions themselves.”
Adriana Curca, Head of CBI Economics,