Against some measures the Derbyshire Dales economy performs relatively well. Unemployment is low, business density and survival are high and the skills base strong. However, Dales wages remain low and, despite almost full employment, economic growth lags behind other areas.
Growth is constrained by the slow pace of new housing and employment land delivery, connectivity constraints, lingering economic uncertainty affecting business confidence, limited exporting, and difficulties for some with recruitment. In common with the rest of the country, tough trading conditions continue to affect the high street and the economy needs to respond to the challenge of climate change.
By consolidating strengths, building up higher value sectors and deriving competitive advantage from quality of place, working closely with partners and businesses the Economic Plan 2019 – 2033 seeks to deliver sustainable economic growth over the longer term.