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 output lower than anticipated

13 May 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
UK manufacturing output lower than anticipatedThe latest figures for industrial output in the UK are lower than forecast by experts.

Data published by the Office for National Statistics (ONS) show a 1.2 per cent decline in February was reversed in March, with activity up by 0.3 per cent.

However, this is lower than a predicted rise of 0.8 per cent for the month, indicating there has been a slowdown in the sector's economic recovery, the Guardian reports.

According to the ONS, manufacturing output was 0.2 per cent higher over the month, having been stable in February 2011.

Operations management specialists are advised that Barclays Corporate head of manufacturing Mark Lee told the news source: "With UK exports to non-EU countries languishing, British manufacturing is now at risk of backsliding on the real gains the industry has made over the last 18 months."

Year-on-year, UK production was up by 0.7 per cent in March, the weakest result since February 2010, with energy and manufacturing activity driving the market.

The most recent figures for the manufacturing sector published by Markit and the CIPS showed the purchasing managers' index dropped back from 56.7 in March to 54.6 in April, as the pace of expansion slowed.ADNFCR-3058-ID-800531896-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Awards honour health and safety continuous improvement
21 May 2012
Health and safety continuous improvement policies have been rewarded with prizes at the RoSPA Occupational Health and Safety Awards 2012.
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.

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