Manufacturing sector reaches pivotal point in its recovery
The UK’s manufacturing sector has reached a pivotal point in its recovery, a new report claims.
In its latest Business Trends Report, BDO said its Output Index – which indicates how businesses expect their order books to develop over the next three months – had risen to 95.1 in July from 94.9 in June.
The growth, while minimal, is nevertheless important as it sees output climb above the point of contraction – set at 95.0.
The return to output growth is attributed to the improving performance of the manufacturing secto... 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...
