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?

UK manufacturing ''leading nation''s output''

30 July 2010
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
UK manufacturing ''leading nation''s output''The UK''s manufacturing industry led the nation in terms of output during June this year, a new report has claimed.

Figures published by Bibby Financial Services showed the sector witnessed stabilising conditions in the wake of the recession, something that may particularly interest operations management professionals in the field.

According to the Business Factors Index, production has moved ahead of other industries in terms of positive growth, with output climbing to 107.9 over the month.

In addition, levels of confidence among manufacturing companies showed improvement during the period in question and the index increased year-on-year from 84.9 in 2009 to 95.7 in June 2010.

Although there was a decline in economic momentum during the quarter to June compared with figures for March, Bibby''s UK chief executive Edward Rimmer said: "Promisingly, the Index indicates that there are some green shoots of recovery within the UK economy."

Recent data from the Confederation of British Industry revealed that the UK witnessed a sharp increase in manufacturing output during the three months to July 2010, rising to its highest rate in 15 years.ADNFCR-3058-ID-800009249-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Continuing uncertainty ''affecting UK manufacturing confidence''
7 February 2012
Small manufacturers'' confidence levels are being affected by economic and political uncertainty around the world.
UK manufacturing activity reaches 8-month high
3 February 2012
Manufacturing activity in the UK climbed in January 2012, with new orders rising for the first time in seven months.
Manufacturing expert highlights benefits of lean strategies
2 February 2012
Adopting lean manufacturing techniques can assist business in boosting performance in a range of different ways, a specialist claims.
Economic uncertainty ''affecting global electronic contract market''
30 January 2012
Electronics contract manufacturing businesses have been hit by ongoing economic uncertainty around the world.

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