The UK manufacturing industry enjoyed a rousing end to 2010 with strong growth in production and new orders, according to the latest Purchasing Managers' Index from the Chartered Institute of Purchasing and Supply.
The overall PMI figure for December, taking into account new orders, output, employment, supplier delivery times and inventories, was at 58.3. This was up from 57.5 in November and is now at its highest level in 16 years. Anything above the neutral level of 50 signifies growth. New orders and output grew at their fastest…
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