Trends Suggest Things Will Get Better

New orders increased over the last three months along with export deliveries according to the CBI Industrial Trends survey. Unit costs have increased generally. There was also an increase in the volume of output. Currently 64% of firms are working below capacity but the volume of new orders is expected to improve over the next three months. Export deliversies are also expected to increase. Production is expected to increase likewise but firms expect employment to fall and unit costs increases are expected.