Key facts
- Greater Manchester has experienced exceptional economic growth.
- Earnings and income growth have not translated to outer boroughs.
- High economic inactivity is a key factor in outer boroughs.
- Weak productivity outside the city center is a key factor.
- The report highlights a disparity in economic benefits across Greater Manchester.
A recent report indicates that Greater Manchester has achieved "exceptional economic growth," yet this prosperity has not extended to the earnings and income of residents in its outer boroughs. The study points to high rates of economic inactivity and weak productivity as primary reasons for this disparity. These factors suggest that while the city center may be thriving, the surrounding areas are struggling to see similar economic improvements. The report implies that the economic benefits of growth are not being distributed evenly across the region. This uneven distribution raises concerns about the overall economic health and inclusivity of Greater Manchester. The findings suggest a need for targeted strategies to address the specific challenges faced by the outer boroughs, aiming to foster more widespread economic development and improve living standards for all residents within the Greater Manchester area.