UK Manufacturing in Stop-Start Recovery Amid ‘Striking’ Decline in Export Orders: CBI

Published on June 25, 2024

Manufacturers have been stuck in a stop-start recovery cycle in the recent months, with the latest data showing a sharp deterioration in the volume of export orders, economists have found. The Confederation of British Industry (CBI) has surveyed 248 UK manufacturers to report on the business conditions in the sector. The latest Industrial Trends survey has found that manufacturing orders contracted in June at a reduced pace, compared with the previous month. In a three-month high, the monthly gauge of new orders rose in June to -18 percent from -33 percent in May. However, it still remained slightly below the “normal” of -13 percent, which is the long-run average....

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The World’s Major Problems Due to ‘Stakeholder Communism’: Richard Jeffs

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Louisiana Hit With Lawsuit Over Law Requiring Ten Commandments in Schools

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