Tell us what you think via our website survey

Topics relating to the economy

The information on this page was compiled before the coronavirus (COVID-19) pandemic, which has had a significant impact on many aspects of daily life.  Data and intelligence are emerging all the time about the effects of the virus and the measures taken to control its spread.  Accordingly, we will update this page as relevant information becomes available.

Herefordshire has very low unemployment but average earnings are significantly lower than in the West Midlands region and England and this gap shows no signs of decreasing.  However, the gender pay gap in Herefordshire is smaller than in the West Midlands as a whole.  Agriculture, food and drink processing, and manufacturing continue to comprise a significant proportion of the county's economy and service industries are under-represented.  Rates of self-employment are higher than regionally and nationally.  Parts of the county remain relatively remote from the motorway and rail network and broadband connectivity has been an issue.  Historically, these factors have had a constraining effect on economic growth, however, in 2017, Herefordshire’s Gross Value Added (a measure of the value of the economy) was £3,878 million; representing 8% growth since 2016 and the third highest annual growth of all the West Midlands local authority areas.