UK manufacturers are more optimistic about their business situation and exporting prospects, while also reporting strong growth in domestic orders, according to the latest quarterly CBI Industrial Trends Survey.
The survey of 461 manufacturers revealed that domestic orders rose at the fastest pace since July 2014 in the three months to January, while export orders continued to grow but below expectations.
The CBI says that growth is expected to continue strongly over the next three months while production is also expected to advance briskly; expectations for output growth are also the highest since July 2014.
We believe that digital technology is playing its part to support this growth by helping to make companies more competitive. Bowe Digital offers a range of IT solutions that can help manufacturing companies to take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
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