Member Article
UK manufacturing ending year on a high
THE UK manufacturing sector is in good health thanks to strong demand from overseas customers.
The Engineering Employers Federation says the sector will outperform the rest of the economy next year.
However, the group says further expansion will depend in part on continued recovery in overseas markets.
Meanwhile, business group CBI has called manufacturing the “unsung hero” of the UK economy.
After surveying more than 500 leading firms, the Engineering Employers Federation (EEF) said manufacturing firms were “powering ahead” by recruiting new staff and investing in their businesses.
“Manufacturers are ending the year on a high and should enter 2011 on a strong footing,” said the group’s chief economist Lee Hopley.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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