Engineeers look for better times

The region's manufacturers may be over the worst of their recent woes, industry research showed yesterday.

The region's manufacturers may be over the worst of their recent woes, industry research showed yesterday.

According to the quarterly Engineering Employers' Federation (EEF) survey, manufacturers are suffering their ninth consecutive quarter of declining output and orders in the second three months of this year, although the rate of decline is at its slowest for more than two years.

The EEF said this was a possible signal that the engineering recession was almost over, adding that the sector should return to "modest growth" in the second half of this year.

Only metal products and motor vehicle firms reported falling output, with other transport and electronics reporting growth, particu-larly among producers of computer equipment.


You may also want to watch:


EEF East Anglia director Caroline Gumble said: "The picture for the next quarter is more positive, however with greater optimism across the key indicators."

Most Read

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter
Comments powered by Disqus