UK Manufacturing Demand at Level Last Seen in ’80s
The order books of UK manufacturers are at a multi—decade high, according to the CBI’s latest Industrial Trends Survey.
The survey of almost 500 UK manufacturing companies found that total order books climbed to the highest level since August 1988.
This was reportedly underpinned by a broad-based improvement in 13 of the 17 sub-sectors, led by the food, drink & tobacco and chemicals sectors.
Export orders also improved to a 22-year high, hitting similar peaks to those seen in 2011 and 2013.