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Business And Economy

Birmingham's economy has undergone a significant change over the past three decades with the service sector replacing manufacturing as the principal source of employment. This restructuring has inevitably had an impact on employment and resulted in a mismatch of skills in the labour force.

However, forecasts suggest that output and productivity are set to grow over the next five years with the service sector and the visitor economy creating up to 50,000 additional jobs in the city in the next 10 years. Nevertheless, manufacturing will continue to be a key element of Birmingham's economy, with an increasing focus on high-technology production.

This section has a wide range of reports and statistics on economic trends and forecasting, along with information on sectors and clusters and key fact sheets.