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GLA Economics’ 34th London forecast suggests that:
- London’s Gross Value Added (GVA) growth rate is forecast to be 1.5% in 2019. The growth rate is expected to increase marginally to 1.6% in 2020, before reaching 2.2% in 2021.
- London is forecast to see increases in the number of workforce jobs in 2019, 2020 and 2021.
- London’s household income and spending are both forecast to increase over the next three years, albeit at a relatively slow rate.
The data that sits behind the forecast is available to download from the London Datastore.
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