Logo Top Home  About the Institution of Operations Management  Contact Us  Shopping Basket  Member Login  Forum 
Institute of Operations Management
Membership Education and Training Events Learning Resources Journal and News Members Only
 
Search Options
Click here to Search the Website
Join the IOM Today
Find us on LinkedIn
Read about APICS
Operations Management News RSS feed Why not subscribe to our RSS feed of IOM News?

Figures show weakening of UK manufacturing output

9 December 2011
Add to: Digg Add to: Del.icio.us Add to: Facebook Add to: Furl Add to: Google Add to: Live Spaces Add to: MySpace Add to: StumbleUpon Add to: Twitter
Figures show weakening of UK manufacturing outputEfforts to adjust manufacturing management to the increasingly challenging economic climate could be accelerated following new official data.

According to the Office for National Statistics (ONS), there was a 1.7 per cent year-on-year decline in production during the period to October 2011.

In addition, the seasonally-adjusted Index of Manufacturing dropped by 0.7 per cent between September and October this year and the Index of Production by the same amount.

However, manufacturing remained 0.3 per cent higher year-on-year for the 12 months in question.

It is the first quarterly decline in the industry for two years and Capital Economics UK economist Samuel Tombs told the Independent it suggests "the risk that the overall economy re-enters recession in the fourth quarter remains high".

EEF, the manufacturers' organisation has recently suggested that divergence within the UK sector is becoming more acute, something that could assist operations management experts in planning for the future.ADNFCR-3058-ID-801235052-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Manufacturers ''need practical support''
16 May 2012
A majority of manufacturers are uncertain the government has the right strategies for growth in the sector.
Manufacturers ''need practical support''
16 May 2012
A majority of manufacturers are uncertain the government has the right strategies for growth in the sector.
Sheffield manufacturer honoured for continuous improvement
15 May 2012
An equipment firm in Sheffield has received an award for its operations management and business gains.
Operations management ''should make use of energy efficiency savings''
14 May 2012
Companies could enhance productivity and employee engagement by implementing green initiatives, it is claimed.

Link To This Article

Copy and Paste the following HTML into your page.
 

The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk
    © 2012, The Institute of Operations Management.     Help |  Site Map |  Legal Disclaimer |  Privacy Policy Designed By ZARR