Manufacturers expecting output growth despite volatility in financial markets
Posted by David Baggaley on 28 Sep 2011 | Filed under: Brewing, Engineering, Manufacturing, UK manufcturing
UK manufacturers predict that production will continue to grow over the next three months despite order book levels slackening during September, according to the latest monthly Industrial Trends Survey from the CBI.
Of 470 manufacturers surveyed, 22% described total orders as above normal, and 31% said they were below. The CBI says the resulting balance of -9% indicates order book levels slipped back in September, though this measure remains…
