Economy Craven

1 economy

1.1 traditional mainstays

1.1.1 agriculture
1.1.2 quarrying


1.2 employment

economy

economic forecasts 2010 show craven district s diverse economy, measured in gross value added (gva), worth £1.14 billion ($1.87 billion) since 1998 value of district’s economy has grown 45%. craven hosts variety of small businesses - 72% employ less 4 people. businesses employ above 50 employees (2.2%) in south of district.

the visitor economy sector has largest number of businesses.
the banking, finance , insurance sector has experienced significant growth since 2003 through skipton building society group.
agriculture , land-based industries form significant part of district’s economy, particularly within remoter areas.
manufacturing has declined since 2003 still key sector: major manufacturers johnson & johnson wound management , angus fire & transtechnology.

traditional mainstays
agriculture

the business of agriculture revolves around market towns of craven:

ahdb, national agriculture , horticulture development board, issues regional reports constant updates on agricultural output:

cattle: example, @ skipton auction mart on 1 day 108 cattle sold including 55 prime steers, 53 heifers, 2 young bulls , 21 older heifers (july 2011). in june 2013 top price weight 185.5p/kg 2 aberdeen angus-cross heifers @ £1,075 ($1,681) per head.
sheep: example, @ skipton auction mart in 1 day 985 lambs , 278 ewes/rams sold (july 2011). in june 2013 top price weight lambs 240.8p/kg @ £94 ($147) per head); rams fetched top price of £79.50 ($124) per head , sheep averaged £47.10 ($73) per head.
sheep dogs auctions working dogs held seasonally @ skipton , bentham. world record price broken in 2011 £6,300 ($10,270) dewi fan , again in may 2016, when cap sold @ skipton £16,000.
dairy: traditionally craven milk sold cheese. north yorkshire in 2008 had 649 holdings 71,518 dairy cows aged on 2 years. average annual milk yield 7,406 litres/cow. wholesale production of milk of north yorkshire 2009/10 488,894,588 litres.


quarry near ingleton

two thirds of craven lie within yorkshire dales national park traditional landscape preservation required.

quarrying

silurian gritstone quarried along north craven fault above ingleton , in ribblesdale. lower carboniferous great scar limestone quarried in areas , near grassington. carboniferous reef limestone quarried around skipton.

employment

in 2008 there 26,591 employed; 22% self-employed. in 2010 each full time equivalent (fte) employee contributed £40,311 district’s economy, representing increase in productivity of 21.9% since 1998; annual increase of 1.8%. value of output per capita (estimated £19,703) has increased 32% since 1998.