ACR-News
Know what you want? Try our 'Supplier Directory' 

Manufacturing outlook still strong

Expectations for manufacturing output growth in the next three months are strong, despite an easing of pace over the past quarter, the latest CBI Industrial Trends Survey shows.

While nine sectors surveyed reported that the pace of growth had slowed in the past three months, sixteen sectors anticipate growth over the coming quarter.

The survey of 414 manufacturers also found that total order books strengthened in August, returning to the robust level seen in June and becoming more broad-based across sectors. Export order books also recovered after a dip last month, though they still lag behind total orders.

Stock adequacy was at its highest for a year, possibly driven by the expectation that output will rise more strongly over the next quarter. In the three months ahead, output prices are expected to be flat.

Katja Hall, CBI deputy director-general, said: “The outlook for UK manufacturers remains healthy, with both total and export orders firming up. Despite a dip in the pace of output growth, companies expect a strong pick-up in the next three months. But with growth flat at best in the Eurozone and Sterling having risen in recent months, there are still some headwinds to export demand. We need more manufacturers exporting to high-growth markets, which will help to put the recovery onto a more balanced, sustainable footing.'

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021
ACR News

Plenitude and Modine to build PV plant

Plenitude, a renewable energy production business, and Modine have signed an agreement for the construction of a new solar power plant in Pocenia (Udine). With an installed capacity of 1.585 MWp, the plant is expected to generate approximately 1.8 ...

  27-Jun-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

BESA Annual Conference & Awards