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Monday, 13 June 2011

Manufacturing recovery 'is on course'

The recovery of the UK's manufacturing industry is modest but still on course, the latest industry figures have suggested.

Data issued by the Office for National Statistics shows that manufacturing output in April was up 1.3 per cent compared with last year's figure, suggesting a continuing return to economic growth.

The rise will lead to the creation of more jobs in the industry, including sales recruitment positions, as more confidence is expressed by manufacturers.

Commenting on the figures, David Kern, the chief economist at the British Chambers of Commerce, said that although recovery is "modest", it is heading in the right direction, and he pointed to factors such as the Japanese tsunami and bank holidays as stifling growth slightly.

"Taking these into account, this figure supports our view that the manufacturing recovery, though modest, is still on course, and remains a crucial element of any sustained UK upturn," he added.

Recent data published by EEF – The Manufacturers' Organisation showed that firms based in the manufacturing industry intend to increase their recruitment levels in the coming months as optimism returns to the industry.

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Posted by John OakADNFCR-1617-ID-800576984-ADNFCR

Source: The Sales Engineer News

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