Industry optimism grows at fastest rate for two years

Posted on 25 Jan 2017 by Fred Tongue
Demand is expected to grow strongly over the next three months as is output growth - image courtesy of Pixabay.

UK manufacturers have seen optimism grow at its fastest rate in two years thanks to positive exporting prospects, strong growth in domestic orders and confidence in their business situation, according to the latest quarterly CBI Industrial Trends Survey.

The latest quarterly CBI Industrial Trends Survey shows that optimism in the manufacturing sector has grown at its fastest rate for two years. Collating the views of more than 460 manufacturers, the report also shows that domestic orders have grown at the quickest pace since July 2014 in the three months to January. Exports also grew…

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