Strength amidst uncertainty in 2017: the manufacturing & engineering sector view

Manufacturing and engineering (M&E) is of great importance to the UK economy. From its influence on infrastructure development, job creation and contribution to gross domestic product (GDP), a strong manufacturing and engineering sector forms the basis of economic prosperity.

The findings of the report show that respondents were generally less optimistic than respondents from other sectors and those of prior years. This may well in part be due to Brexit and its effect on exchange rates, and the current political unrest globally lowering economic confidence.

However, the CBI Industrial Trends survey has registered the best performance for the manufacturing sector in two years, with the positive result fuelled in part by booming car production.

Read the full report here.

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