Manufacturing investment increased by 15.7% over the quarter and by 31.7% over the year to Q3 2011 according to the latest business investment bulletin from the ONS.
Total business investment actually fell by 1.4% to £30.2bn over the previous quarter. Non-manufacturing investment fell by 3.4% over the quarter. Business investment rose over the quarter by 0.3%.
The increase in overall manufacturing was mainly due to an increase of 66.9% in metal goods, 61.8% in other manufacturing and 21.8% in engineering and vehicles in private sector manufacturing which increased by 15.7% to £3.7bn. The fall in investment was mainly due to the a in private sector non-manufacturing which fell 4.4% to £25.4bn.
Showing posts with label metal goods. Show all posts
Showing posts with label metal goods. Show all posts
Friday, 25 November 2011
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