Figures published in the latest Bank of Scotland Purchasing Managers Index (PMI) showed that companies are reporting more orders and are also taking on more staff, including sales recruitment candidates, to cope with rising demand.
According to the report, private sector output expanded in June for the sixth month in succession, with growth of activity picking up in both the services and manufacturing sectors since May and the headline seasonally adjusted Bank of Scotland PMI climbing from 52.2 to 53.3 as a result.
Donald MacRae, chief economist at the Bank of Scotland, commented that many sectors are now enjoying growth, with input cost pressures abating almost across the board.
Meanwhile, the British Chambers of Commerce recently said that the recent rise in manufacturing output in the UK suggests that the country is continuing to shake off the effects of the recession, but this needs to be supported by the government if the upwards curve is to continue.
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Posted by Wayne Bly
Source: The Sales Engineer News