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Advanced Engineering 2020

NEC, Birmingham(B40 1NT)

04/11/2020 - 05/11/2020

The UK's largest annual advanced manufacturing trade show, Advanced Engineering is your opportunity to (more)

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NEC, Birmingham(B40 1NT)

25/01/2021 - 27/01/2021

The show brings together key suppliers of state-of-the-art equipment representing the multi-tasking culture (more)

UK manufacturing growth surges

The Markit/CIPS Purchasing Managers' Index (PMI) for the manufacturing sector in the UK has shown hopeful signs that the UK economy is on track for recovery. Posting at 54.6, up from last month's revised figure of 52.9, output and new orders rose sharply as price pressure remained subdued.

David Noble, CEO of the Chartered Institute of Purchasing and Supply, said: "The much vaunted march of the makers has finally materialised in the UK manufacturing sector's output growth, hitting a 29 month high in July. Exports have been critical to this success, but it is the broad based nature of the sector's performance which endorses the view that we are on track for solid and accelerated growth in the coming months.

The ability of UK manufacturers to market themselves abroad was always seen as crucial to long-term success and so it has proved. New export business has grown at its quickest rate in two years in a sign that macro economic conditions are improving. Domestic performance has also been strong.

 

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