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Strong output expected among UK manufacturers

19 May 2011
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Strong output expected among UK manufacturersManufacturers in the UK expect output growth to expand during the next three months, a report reveals.

The latest poll by the Confederation of British Industry (CBI) indicates order books remain strong, with a balance of minus two per cent recorded by the Industrial Trends Survey in May between respondents reporting and increase and a decrease.

It is substantially higher than the long-term average for the industry and reverses a balance of minus 11 per cent for the previous month, with manufacturers forecasting rising output during the coming quarter.

In addition, manufacturing management specialists are advised the business organisation discovered the volume of export order books balance stood at minus three per cent in May from minus six per cent in April, continuing a two-year trend of improvement.

"Although there has been talk recently that the manufacturing recovery may be starting to flag, our survey shows manufacturers are still seeing solid growth in activity," CBI chief economic adviser Ian McCafferty said.

Operations management professionals will be particularly interested in the confederation's figures after the Office for National Statistics reported industrial output rose in March 2011 by 0.3 per cent, reversing a 1.2 per cent drop the previous month.ADNFCR-3058-ID-800549743-ADNFCR
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