That is the verdict of a new report by EEF, the manufacturers' organisation, which shows says that David Cameron's calls for the industry to "create and innovate; invest and grow" can be met by the sector.
Commenting, EEF chief executive Terry Scuoler said: "Manufacturing is well-placed to fill the growth gap as the public sector plays a smaller role in our economy and make the investments in innovation and skills that will drive our economy forward and create new jobs."
Peter Russell, head of manufacturing sector at RBS Corporate and Institutional Banking, which helped to compile the report, added that manufacturing continues to make a "significant contribution" to the UK economy and is well situated to play an even greater role in a sustained economic recovery.
Last week, the quarterly Labour Market Outlook by the Chartered Institute of Personnel and Development and KPMG indicated that the net positive balance in the manufacturing industry is predicted to rise to 51 between October 1st and December 31st, boosting recruitment opportunities in the industry.
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Posted by Nikki Barrister
Source: The Sales Engineer News