The wider area of Somerset has a solid economy and a range of business investment opportunities. The economy grew by 3.2% between 2013 and 2014, to reach £9.586 billion, at a rate faster than the UK overall. It's predicted that the economy will continue to grow at an impressive rate, reaching almost £14 billion by 2030 - an increase of 45% on 2014.
The service industries provide the majority of GVA for Somerset, and manufacturing is also an important sector, with output being higher than the national average. Tourism contributes large sums to the county's economy, with over 25 million visitors annually.