Industrial Crisis

An Industrial Crisis is an official term for when there is a severe economic decline in the industry sector.

Where there is an Industrial Crisis, it will be announced and confirmed by the Golden Group on data provided by Rankings and Listings and this will be marked as an exceptional circumstance on districts if they are affected by the crisis. This will be taken into account when a district is rated by Rankings and Listings.

The Golden Group provides additional funding for districts affected by an Industrial Crisis and will also provide assistance for councils to prevent an industrial crisis happening.

The Rankings and Listings has a dedicated team who assess the potential of a crisis by collecting economic data and comparing it to averages for each district and then publishing records which will indicate as to the likelihood of a crisis approaching.

## Crisis Report (Term 4 - 2073)

**Linda Watkins** | Head of Economic Records | Rankings and Listings

#### Industrial Crisis Approaching

Recent figures have shown that an industrial crisis is on the rise after a huge drop in demand for local industry goods has been recorded with a record high demand of imported goods with Cedar International Airport accepting industry deliveries as of recent times. We've protested against this move as the district is not industry focused and we hope our reports to the Golden Group will lead to this action being reversed. Recommendations for this term are crucial as the data shown is displaying signs of the start of an Industrial Crisis.

Our strongest recommendation for Spaz City Council to consider their district management skills and to ensure they're compliant with district regulations.

Our strongest recommendation for Elm District Council is to continue trying to initiate their plans for Dump Ville, further lack of development progress will end up in the district being reported to the Golden Group for a transfer of ownership.

Our strongest recommendation for Meadow Park Council is to continue expanding their current industry district and we have also secured further funding to support them in future industry districts.

#### Income Projections Data

Magnolia Industrial Estate - **DOWN** by -£2,301,728 Operated by Spaz City Council

**Analysis:** This is coming close to the loss amount during the Industrial Crisis 2048-2049, which indicates a major failing of the industrial operations in this district. We have secured further funding to give to Spaz City Council to deal with this district's failures and we have given a report to indicate the best procedures to develop in the district to prevent a crisis from sparking.

Spaz City Industries - **UP** by +£452,190 Operated by Spaz City Council

**Analysis:** As of the moment, this district currently only has the cargo airport as an industry building and the profits from this airport are clear evidence of a rise in imported goods. Although this reports as a profit for the district, the actions of this district are not complying with the legislation set out by the Golden Group for the validity of a industrial district. Its important to note that costs for the district are low and with high profits, it is ensured that funding for this district will be dropped and recommendations for the control of this district will be reported to the Golden Group.

Ashmill - **DOWN** by -£94,310 Operated by Spaz City Council

**Analysis:** This district has seen very little profit since its creation and the industrial management is poor and for such a small district, the loss is major. We've suggested for major changes to this district and the removal of the industry focus.

Harrocks Industries - **DOWN** by -£26,150 Operated by Elm District Council

**Analysis:** This district showed potential with its connections to highways and districts, but has failed to show improvement over a long period of time and is subsequently not a district we would support for further industrial expansion, therefore no additional funding has been allocated. With continued decline in profits, we've recommended to Elm District Council to look at plans for changing this district's focus.

Oldmead - **UP** by +£54,821 Operated by Meadow Park Council

**Analysis:** This district has shown huge improvement and has a clear leading plan for advancement in the industrial sector. Although the district is small, it is well managed and has good control of its funding and industrial management. Its a start for Meadow Park Council and its clear that they have the ability to manage an industrial district even if its a small start.

Dump Ville - **INACTIVE** Operated by Elm District Council

**Analysis:** This district remains inactive and there is no economic data to report. Future plans for repurposing this district have been planned and we will support the decision of the council and have recommended to the Golden Group for the plans to advance sooner than possible.