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UK''s small manufacturers ''increasing production''

2 August 2010
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UK''s small manufacturers ''increasing production'' Production among smaller manufacturers in the UK increased over the three months to July this year at its fastest rate since April 1995, new figures show.

Data from the Confederation of British Industry (CBI) reveals such companies have witnessed an increase in demand both abroad in at home, while many are also boosting their stocks of goods in the wake of the recession.

Latest statistics from the organisation''s poll of more than 400 small and medium-sized producers indicate 41 per cent witnessed an increase in output over the period in question, compared with 20 per cent claiming that it dropped, giving a balance of +21 per cent.

However, the CBI''s SME Council chairman Russel Griggs warned that growth in productivity could stall over the coming quarter as demand for UK manufactured goods is anticipated to weaken.

Operations management specialists in the field may also be interested to learn that the same body recently reported there was a balance of +24 per cent in the number of manufacturers reporting an increase in output during July 2010, with the index climbing to its highest rate in 15 years during the month.ADNFCR-3058-ID-800010090-ADNFCR
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