Growth forecasted in manufacturing sector
Contractors working in the manufacturing sector continue to benefit from strong order books and factory output. According to the Confederation of British Industry (CBI), demand for UK manufactured goods is forecast to grow solidly in the next three months.
The CBI’s Chief Economic Adviser, Ian McCafferty, confirms that demand has increased throughout the year, and looks forward to continuing growth. “Demand is still considered to be better than it was in the first half of the year, export order books are holding up reasonably well and expectations for production growth in the coming quarter remain solid,” he commented.