Manufacturing & Engineering
Making the future
Despite an increasingly competitive global environment, strong domestic demand is boosting production levels across a wide range of manufacturing activities.
Although the manufacturing sector’s share of employment has declined since the late 1970s, production lines are whirring in factories across the UK, giving cause for optimism. Domestic demand lifted factory orders to a four-month high in December 2014, according to the CBI’s Industrial Trends Survey. Investment in new facilities and machinery, research and development, and recruitment, coupled with an increasingly skilled workforce, is creating a solid outlook for UK manufacturers.
Sector at a glance
- £139 billion – The industry’s contribution to the national economic output
- 2.6 million people work in manufacturing – 8% of all UK jobs
- 3,624 – The number of high-growth small businesses in manufacturing in 2013