Custom solutions from a wealth of information
Our regularly updated analysis and forecasts for 3,000 cities and regions across the world are produced in conjunction with the Oxford Economics’ Global Economic Model. This ensures developments in the global economy, such as the strength of world trade and investment cycles, as well as domestic factors such as government policy, directly influence the outlook for city and regional economies. The forecasts are updated quarterly to ensure they incorporate the most up-to-date city and regional information, as well as the latest Oxford Economics’ view of future growth prospects.
Oxford Economics is able to draw on this wealth of information to provide tailored solutions for clients. Whilst this bespoke work normally builds upon the existing city and regional models and forecasts, we always customise the analysis to provide the answers to key questions posed by our clients.
Our economists have a reputation for objectivity and a wealth of experience in all aspects of city and regional research. We recognise that cities and regions are facing new challenges as the global economy evolves. And this has profound implications for policy, strategy and investment. Projects include regional economic analysis and profiling, scenario planning, sector and impact studies, regional benchmarking and strategy, regeneration and investment planning, and policy development. Each engagement will see our experienced team draw on a range of research techniques including modelling and forecasting, third-party consultations, surveys, case studies and analysis of client and proprietary data.
How custom cities modelling can work for you
Our global team of economists, statisticians and thought leadership specialists can undertake all aspects of city and regional research:
- Economic profiling—Our clear understanding of how a local economy works is based on evidence-based analysis of the factors behind policy-making or investment planning.
- Benchmarking analysis—By comparing locations, sectors, or outlooks against relevant measures, benchmarking can take the form of analytical reports or development tools that allow clients to adjust weights for various factors. Recent examples include comparing economic and social variables, and quality of life, across a number of EU cities.
- Market-trends analysis—Our economic outlooks translate into forecasts for market segments that provide advice on business opportunities. We regularly undertake this type of work for clients, including a global leisure company.
- Briefing services—Our concise reports provide an overview of economic conditions, sectoral trends and housing-market performance, along with an assessment of future growth prospects.
- Sectoral studies—We help clients understand recent sectoral trends across global cities and identify areas of potential growth to support their investment activities.
- Skills assessment—We help influence education and career choices, and minimise skills shortages, leading to faster economic growth. Analysis includes forecasting skill needs, replacement-demand forecasting and skills-policy advice.
- Strategy and policy advice—Our advice is always drawn directly and tailored from evidence and specific local factors, combining fresh thinking and global knowledge with local expertise.
- Scenario analysis—We produce city- and regional-level forecasts under a range of alternative global macroeconomic scenarios, such as the implications of a disorderly break-up of the Eurozone or a "hard landing" for the Chinese economy.
- Client-defined forecasts—Our city and regional forecasts take account of client assumptions about global and national growth prospects.
- City reports—We regularly produce detailed written reports on individual cities to assist our clients in building their investment strategies; the content and scope of each report is tailored to their specific needs. Recent examples detailed analysis of the cities of Tokyo, Japan, Istanbul, Turkey, and Brno, Czech Republic.
- Data and forecasts for bespoke geographical areas—Some clients require forecasts for locations defined by non-standard geographical boundaries. The flexibility of Oxford Economics' models makes this possible for all parts of the world. Examples include county-level forecasting in the US, employment-zone forecasting in France, and postal-code-area analysis in the UK.
London's competitive place in the UK and global economies
This report, part of the latest series of annual reports commissioned by the City of London looking at London’s place in the UK economy, places particular emphasis on competitiveness and the global economy, alongside an updated assessment of economic trends within London economy and its role in the UK.
Future skills needs in the financial-services industry
Oxford Economics were commissioned by the UK's Department for Employment and Learning to provide an overall assessment of the future requirement for skills needed in the financial-services sector. The research involved both a qualitative and quantitative assessment of skill needs, drawing on analysis, literature and industry consultations, a modelling phase, and identification of the actions needed to ensure that the future supply of these skills in Northern Ireland is sufficient for the sector.