Manufacturing order books ‘well above’ long run average
Manufacturing order books and export order books remained well above their long run averages in the three months to February.
According to the latest monthly CBI Industrial Trends Survey, output grew at a healthy pace in the period. Growth was broad-based with output growing in 16 out of 17 sub-sectors with growth predominantly driven by food, drink and tobacco, and motor vehicle and transport equipment sub-sectors.
Respondents to the survey anticipate that output growth will slow a little over the next three months, broadly mat... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
