UK manufacturers are more optimistic about their business situation

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Wednesday, Jan 25 2017

UK manufacturers are more optimistic about their business situation

UK manufacturers are more optimistic about their business situation and exporting prospects, while reporting strong growth in domestic orders over the previous quarter, according to the latest quarterly CBI Industrial Trends Survey. 37% of businesses reported an increase in total orders, and 21% a decrease, giving a balance of +16%.

The survey of 461 manufacturers reveals that the volume of domestic orders rose at the fastest pace since July 2014 in the three months to January, while export orders continued to grow, but below expectations. Headcount edged higher having dipped for the first time in more than six years in the last quarter.

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