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  • Writer's pictureEastern Powerhouse

State of the Region 2023 - Falling Behind and not Catching Up

This report provides analysis of the economy in the East of England and its performance in relation to other regions and nations in the UK. It is the Eastern Powerhouse’s first annual economic monitor for the region and provides a baseline for future assessment. It highlights the considerable challenges which the regional economy is facing - with negative wage growth, falling vacancies, fewer new enterprises and rising business closures, decreasing levels of Foreign Direct Investment, as well as an increasing trade deficit.


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