Opinion Former Article

Manufacturing output rises at fastest pace since February 2011

Date: 3 January 2014

 

Manufacturing output rises at fastest pace since February 2011

 

The end of 2013 saw growth of the global manufacturing sector accelerate to a 32-month high according to the J.P.Morgan Global Manufacturing PMI (Purchasing Managers Index). Within these figures, the UK performed particularly well and continues to point to strong growth.

 

Sahar Danesh, Principal Policy Advisor for Manufacturing at the Institution of Engineering and Technology (IET), said: “This is great news for economic growth and shows that, contrary to what some sceptics say, the UK is shining in manufacturing.  

 

“The data shows that UK manufacturing's strong upsurge continued in December, when growth in the UK was highest of all the G7 developed nations. This sends a strong message to those who claim that manufacturing in the UK is on the decline: the UK does indeed ‘still make things’ – and, most importantly, things that are in high demand.

 

“While manufacturing has yet to recover to pre-recession levels, growth in the sector should keep the recovery on track going into 2014.”

 

Ends

 

Notes to editors:

 

§  Interview opportunities are available with IET spokespeople from a broad range of engineering and technology disciplines including cyber-security, energy, engineering skills, innovation, manufacturing, technology, transport and women in engineering.

§  The IET is one of the world’s largest organisations for engineers and technicians.  We have nearly 160,000 members in 127 countries around the world.

§  The IET is working to engineer a better world. We inspire, inform and influence the global engineering community, supporting technology innovation to meet the needs of society.

§  The IET is the Professional Home for Life® for engineers and technicians, and a trusted source of Essential Engineering Intelligence® and thought leadership.

§  For more information, visit www.theiet.org

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