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Manufacturing sector divergence ''continues in Q4''

5 December 2011
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Manufacturing sector divergence ''continues in Q4''Divergence of the UK's manufacturing industry has continued into the fourth quarter of 2011, according to a new report.

The study by EEF, the manufacturers' organisation and BDO indicated that operations management professionals could be busy this year as there is a growing divergence in performance between markets.

Over the past three months, strong patterns have been seen in sectors such as motor vehicles and mechanical equipment, while electronics, basic metals, rubber and plastics have experienced tougher conditions.

In their analysis of the field, the two bodies noted that growth is still likely to remain positive, but will be lower than expected in 2012, as export balances have softened in recent months and there are signs of firms scaling back hiring and investment plans.

"We would strongly encourage the government to increase the momentum of support for the sector in order to help rebalance and boost the economy," stated BDO head of manufacturing Tom Lawton.

In the latest measure of the UK's manufacturing industry, the purchasing managers' index from Markit and the CIPS indicated there was a decline in both domestic and export orders between October and November 2011, causing firms to cut back on production.ADNFCR-3058-ID-801229874-ADNFCR
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