CBI: small factory jobs growth hits 15-year peak

first_img Show Comments ▼ Sunday 6 February 2011 10:21 pm DOMESTIC demand for British produced goods picked up in the three months to January, boosting production for small manufacturers, a Confederation for British Industry (CBI) survey showed today.And small and medium sized manufacturing companies are increasingly optimistic about export prospects for the year ahead.While the growth in domestic orders remained modest, it accelerated at the fastest rate since January 1997, the CBI said.And a positive balance of 10 per cent of surveyed manufacturers said they had increased employment — the sharpest rate of growth since April 1995.“Manufacturing is one of the few bright spots in the economy,” said the CBI’s Lucy Armstrong.However, inflationary pressures are squeezing the UK’s factories. A positive balance of 28 per cent of respondents reported an increase in average unit costs, while a balance of +31 per cent expect costs to further increase in the next quarter.And manufacturers “are being forced to pass these costs onto customers,” Armstrong said. KCS-content Tags: NULL Sharecenter_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo CBI: small factory jobs growth hits 15-year peak whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Prooflast_img