Orders for British made goods were below normal again both at home and abroad in the month. Firms responding to the CBI Industrial Trends Survey also reported expecting things to remain the same during the next month. It was a slight improvement on August but it is the latest in a sequence of 15 months of negative survey balance.
Exports are particularly weak despite the more favourable value of sterling. No great change is expected in production over the next three months though 25% do expect an increase in volume of output.
Showing posts with label volume of output. Show all posts
Showing posts with label volume of output. Show all posts
Thursday, 17 September 2009
Thursday, 20 August 2009
Manufacturers Outlook Getting Brighter
The outlook for manufacturing is the least negative since June 2008 following months of destocking. Only a slight majority of UK manufacturers in the latest CBI Industrial Trends survey expect the volume of output to decrease in the next three months. However demand remains very weak with a majority of manufacturers reporting total order books still below normal for the seventh consecutive month. Export orders are also weak despite the weaker pound.
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