EEF: Growth forecast softens as manufacturers lose momentum

Posted on 2 Jun 2015 by Callum Bentley

The latest quarterly Manufacturing Outlook survey, published by EEF, and global law firm DLA Piper reveals a picture of weaker than expected growth for the sector in the second quarter of the year.

The findings reveal a loss of momentum in the sector and a weakening in some key indicators. As a result, EEF is softening its 2015 manufacturing growth forecast to 1.5%:

This content is for subscribers only. Subscribe now for free to read the full article.

Key findings Output and orders remain positive, but edge lower in Q2  UK demand weakens and exports remain flat  Confidence slips,…

This content is for subscribers only. Subscribe now for free to read the full article.