This page provides an overview of key terms and output types used by the Intelligence Hub throughout the website.
| Definition | |
|---|---|
| Blogs | Short, accessible articles that share key insights, highlight projects and showcase emerging areas of work. |
| Briefings | Concise, evidence-led publications that explore a specific issue, trend or policy topic relevant to Glasgow City Region. |
| Analysis Summaries | Short insight papers that provide a deeper exploration of a topic while remaining accessible and easy to digest. These are typically longer than a blog but more concise than a full briefing. |
| Case Studies | Detailed examples of innovative or complex pieces of work that combine data analysis, desk research and stakeholder engagement. These often involve the development of bespoke datasets, indicators or frameworks that do not exist elsewhere. |
| Dashboards | Interactive tools that bring together data, indicators and intelligence in an accessible user-friendly format. Designed to help users explore evidence, benchmark performance, and support decision making. |
| GIS Analysis | Geographic Information System (GIS) mapping is a way of displaying spatial analysis and modelling into maps, online tools, interactive dashboards, and other interactive formats. |
| Definition | |
|---|---|
| Geopolitical Risk | The threat, realisation and escalation of adverse events such as wars, terrorism and political tensions that disrupt international relations. |
| Protectionist policies | Government policies that restrict international trade. |
| Trade surplus | An economic measure of a positive balance of trade, where a country’s exports exceed its imports. |
| Real GDP | An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a year. |
| GVA per hour worked | A measure of labour productivity that calculates the amount of economic output produced per hour worked. It’s calculated by dividing the total GVA by the total number of hours worked. |
| GVA per worker | Measures the contribution to the economy of each individual worker. This measure allows for comparisons across industries and city regions. |
| Tradeable sectors | A tradable sector is a part of an economy that produces goods and services that can be sold and consumed outside of the country such as cars and computer software. |
| Foundational Economy | Is an evolving approach to socioeconomic development which focusses on the provision of everyday universal basics like food and housing. |
| Gross Investment Rate | This is a common measure of public investment. It is the total amount of money spent on new capital. It’s also known as gross fixed capital formation (GFCF). |
| Gross Domestic Product (GDP) | The total monetary value of final good and services produced in a country in a given time period. |
| Consumer Price Index (CPI) | Is a weighted-average of a basket of consumer goods and services purchased by households. Changes in measured CPI tracks changes in prices overtime. |
| Unemployment rate | Unemployed people are out of work but actively looking for a job and available to start work in the next two weeks. It is measured as the number of unemployed people divided by the number of economically active population (those in employment and those unemployed). |
| Economic Inactivity | People who are not in the workforce are classified as economically inactive and have not been seeking work for the last four weeks and cannot start in the next two weeks. |
| Location Quotient (LQ) |
Location Quotient (LQ) is a measure to assess the concentration of a particular industry, occupation, or demographic group within a region compared to a larger reference area, such as a country. It is calculated by taking the ratio of an industry’s share of total regional employment/gva/student numbers to that industry’s share.
An LQ greater than 1 indicates that the region has a higher concentration of that industry compared to the national average, suggesting potential specialisation or competitive advantage in that specific area. Conversely, an LQ less than 1 indicates a lower concentration than the national average. |
| Real Household Disposable Income | Real disposable income is a measure of the purchasing power of a household or individual, considering the effect of inflation. It is calculated by subtracting taxes and other mandatory payments from a household’s disposable income, and then adjusting for inflation. |
| Regular Earnings | Regular earnings refer to the consistent, periodic compensation that an employee receives, typically on a weekly, biweekly, or monthly basis. This includes base salary or wages and excludes irregular or non-recurring payments such as bonuses, overtime pay, and other special allowances. |
| Total Earnings | Total earnings encompass all forms of compensation received by an employee over a specific period, including regular earnings, overtime pay, bonuses, commissions, and any other additional payments. |
| Economic inactivity due to ill-health | Economically inactive people whose primary reason for being out of work is ill-health. |
| Enterprise Rate | Number of businesses per 10,000 of the working age population (16-64). |
| Inclusive Growth | The Scottish government defines it as, ‘growth that combines increased prosperity with greater equity; that creates opportunities for all; and distributes the dividends of increased prosperity fairly’. |
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