{"id":49307,"date":"2018-11-21T12:00:51","date_gmt":"2018-11-21T12:00:51","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=49307"},"modified":"2018-11-21T12:00:51","modified_gmt":"2018-11-21T12:00:51","slug":"cbi-survey-manufacturing-activity","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/cbi-survey-manufacturing-activity\/49307\/","title":{"rendered":"Manufacturing activity improves in November, shows CBI survey"},"content":{"rendered":"

The latest monthly CBI Industrial Trends Survey has shown that manufacturing output growth picked up in the quarter to November<\/h2>\n

Firms also saw overall order books rebound from a fall in October.<\/p>\n

The CBI survey of 381 manufacturers found that output volume growth accelerated in the three months to November, outpacing the long-run average.<\/p>\n

Output expanded in 13 of the 17 sub-sectors, with growth driven by the food, drink & tobacco, motor vehicles & transport equipment, and chemicals sub-sectors.<\/p>\n

Rain Newton-Smith, CBI Chief Economist, said:<\/p>\n

\u201cIt\u2019s encouraging to see an improvement in the manufacturing sector after October\u2019s stark survey, with order books and output growth on the up.<\/p>\n

\u201cBut the future prosperity of manufacturers depends on getting the Brexit<\/a> deal right. The overwhelming message from business to the Government is to make progress, don\u2019t go backwards.<\/p>\n

\u201cWe need frictionless trade for our world-beating manufactured goods and a transition period which draws us back from the cliff edge. Anything less than that and jobs and investment could suffer.\u201d<\/p>\n

However, firms are expected to see output growth to slow somewhat over the next quarter.<\/p>\n

Tom Crotty, Group Director of INEOS and Chair of CBI<\/a> Manufacturing Council, said:<\/p>\n

\u201cImprovements in output volumes and overall order books will come as some relief for manufacturers following a weaker outturn in October. Firms will have also broadly welcomed the Autumn Budget, especially the progress on Apprenticeship Levy reform.<\/p>\n

\u201cManufacturers\u2019 top priority unsurprisingly continues to be for the Government to secure frictionless trade and a Brexit transition period. The sector will also be urging the Government to rethink its proposed approach to immigration policy, which, by placing tight restrictions on low-skilled labour, would have a particularly negative impact on manufacturers.\u201d<\/p>\n

Further key findings from the report are as follows:<\/h3>\n