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Top 10 performance for Crawley’s economic growth

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Crawley has been rated one of the top 10 communities in the country for economic growth.

MP Henry Smith has welcomed the findings published in Cities Outlook 2014, a report on the economic progress of the country’s 64 top cities and large town’s.

The report, based on figures collected by the Office for National Statistics, painted a mixed picture of life in Crawley but rated the town as one of the top 10 in the country when it came to economic growth.

The data was collected between 2011 and 2013 and showed average house prices between 2012 and 2013 rose by £20,100, from £294,400 to £314,500.

Among the other findings, Crawley was shown to have the highest ratio of private to public sector jobs in the country, with 4.2 jobs in the private sector for every one job in the public sector.

The town has one of the highest employment rates and one of the fewest number of Job Seekers Allowance claimants in the country.

Business-wise, Crawley was second only to York when it came to the number of London-based companies choosing to set up outlets in the town.

When it came to earnings, the town was listed as being in the top three for wages – an average of £605 per week in 2013 – but was one of six which saw people endure an average drop in pay of more than £20 per week.

However, Cllr Peter Lamb (Lab, Northgate) said the best wages were not being paid to Crawley residents but to those who commuted into the town.

He said: “Crawley residents earn £5,500 less per year than the average paid out by local companies, with the best wages going to the two thirds of workers who commute into Crawley daily.”

MP Henry Smith said: “Whilst critics continue to slate our town, Crawley’s residents and businesses have been getting on with the task of building economic growth and the results of which are telling by the fact that we now benefit from: the second lowest levels of inequality; the third highest weekly earnings; and the fifth largest ‘life satisfaction’ increase.

“We’re a great place to live and work.”

 

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