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23/04/2002
UK manufacturing sector showing signs of recovery
The Confederation of British Industry (CBI) has said that the struggling UK manufacturing sector is beginning to show signs of recovery.
In its latest snapshot of industrialists' views its Quarterly Industrial Trends Survey showed that confidence among manufacturers had risen for the first time in more than two years. However, the decline in orders, output and employment continued over the past four months.
Commenting on the survey, Ian McCafferty, CBI Chief Economic Adviser said: "The deepest manufacturing recession for over a decade appears to be on the turn.
"Expectations of small rises in orders and output have led to manufacturers becoming significantly more optimistic. This is good news but any recovery at this stage will remain fragile. It will be some time before employment stops falling and firms start investing again."
Looking back over the past four months export orders fell again, albeit at a much slower rate. The difference between firms reporting a rise in export orders and those reporting a fall gives a balance of minus 18%, compared to minus 36% in January.
Domestic orders also fell over the past four months, a balance of minus 12% compares with minus 16% in January. As a result, output also fell and strikingly, the number of firms working below capacity increased from 66 % in January to72 %, a level not recorded since January 1993.
(MB)
In its latest snapshot of industrialists' views its Quarterly Industrial Trends Survey showed that confidence among manufacturers had risen for the first time in more than two years. However, the decline in orders, output and employment continued over the past four months.
Commenting on the survey, Ian McCafferty, CBI Chief Economic Adviser said: "The deepest manufacturing recession for over a decade appears to be on the turn.
"Expectations of small rises in orders and output have led to manufacturers becoming significantly more optimistic. This is good news but any recovery at this stage will remain fragile. It will be some time before employment stops falling and firms start investing again."
Looking back over the past four months export orders fell again, albeit at a much slower rate. The difference between firms reporting a rise in export orders and those reporting a fall gives a balance of minus 18%, compared to minus 36% in January.
Domestic orders also fell over the past four months, a balance of minus 12% compares with minus 16% in January. As a result, output also fell and strikingly, the number of firms working below capacity increased from 66 % in January to72 %, a level not recorded since January 1993.
(MB)
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24 November 2003
Manufacturing shows 'encouraging signs', claims CBI
The CBI today reported more "encouraging signs" for manufacturers as domestic and export orders showed some improvement in November. Publishing its monthly industrial trends survey, the employer's body said order books, which deteriorated sharply in September and October, have now returned to the August level.
Manufacturing shows 'encouraging signs', claims CBI
The CBI today reported more "encouraging signs" for manufacturers as domestic and export orders showed some improvement in November. Publishing its monthly industrial trends survey, the employer's body said order books, which deteriorated sharply in September and October, have now returned to the August level.
25 March 2002
"Encouraging signs" for manufacturing recovery
Manufacturers have received another welcome boost this month with news that a Confederation of British Industry (CBI) survey has revealed that manufacturing output is expected to stabilise in the coming months.
"Encouraging signs" for manufacturing recovery
Manufacturers have received another welcome boost this month with news that a Confederation of British Industry (CBI) survey has revealed that manufacturing output is expected to stabilise in the coming months.
28 January 2004
Manufacturing downturn 'over' declares CBI
The Confederation of British Industry (CBI) has declared the manufacturing downturn over today as it published figures showing the "clearest evidence yet of recovery in the sector".
Manufacturing downturn 'over' declares CBI
The Confederation of British Industry (CBI) has declared the manufacturing downturn over today as it published figures showing the "clearest evidence yet of recovery in the sector".
02 September 2011
Manufacturing, Orders And Exports Tumble
UK manufacturing fell in August, along with exports, new orders and employment, a survey has revealed. The Markit/Cips purchasing managers' index (PMI) for manufacturing fell to 49 last month, representing a 26-month low, which is the weakest level since June 2009 and the second straight month of the sector's contraction.
Manufacturing, Orders And Exports Tumble
UK manufacturing fell in August, along with exports, new orders and employment, a survey has revealed. The Markit/Cips purchasing managers' index (PMI) for manufacturing fell to 49 last month, representing a 26-month low, which is the weakest level since June 2009 and the second straight month of the sector's contraction.
24 June 2004
Manufacturing still recovering despite dip in orders: CBI
Manufacturers' orders weakened slightly in June but not enough to suggest a threat to the sector's recovery, according to the CBI's Monthly Industrial Trends survey published today. Firms said total order books were marginally below normal in June, having returned to normal levels in May.
Manufacturing still recovering despite dip in orders: CBI
Manufacturers' orders weakened slightly in June but not enough to suggest a threat to the sector's recovery, according to the CBI's Monthly Industrial Trends survey published today. Firms said total order books were marginally below normal in June, having returned to normal levels in May.
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