The LBPI segments localities into six clusters. Taken together these present a new typology of places in the UK that can be explored below.
Using the dropdown navigation adjacent to the map, users can navigate between a range of perspectives, viewing the distributions of clusters across individual localities, regions and nations, and across the wider UK.
Machine learning technology segments each locality into one of the six clusters indicated below. Within these groupings, localities share a dominant strength that defines their performance in a given quarter, they also share wider economic characteristics. These categorisations reflect changes in the local business cycle, and therefore provide a barometer of conditions within a certain quarter that may change over time.
Equally, a locality may be placed within one particular cluster – because it performs strongly across certain data points – but can simultaneously demonstrate attributes of another. As such, the Index operates as a barometer of cyclical business conditions, rather than as a series of structural, place-defining descriptions.