Home > Dorset Chamber News > Manufacturing remains in long-term decline, despite small March rise

Manufacturing remains in long-term decline, despite small March rise

Posted on: 24/05/2016

  • Manufacturing output in March 2016 was up 0.1% on the month, but down 1.9% on the year
  • Total industrial production in March 2016 was up 0.3% on the month, but down 0.2% on the year

Commenting on the UK Index of Production figures for March 2016, published today by the ONS, David Kern, BCC Chief Economist, said:
“Despite a modest recovery in March, longer-term trends show that both manufacturing and total industrial output remain in negative territory.”
“While adverse global conditions remain a major challenge for manufacturing, this is now being exacerbated by a slowdown in the domestic economy.”
“A healthy manufacturing base remains critical to the wellbeing of the UK economy in key areas such as innovation, exports and productivity, making it vital that the sector is given more support to compete against global and domestic headwinds.”

Did you know, Dorset Chamber Members can submit news free of charge?

Submit your news

Most popular reads

Become a member

Become a Dorset Member today

Find out how

Dorset Focus Magazine

Keep your finger on the pulse

Get the latest business news in one neat package with our Dorset Focus Magazine. Read Online here

Business Training

Free Training to help businesses across Dorset provided by Dorset Chamber members

Some training opportunities are open to non-members

Find out more

Business Partners