Manufacturers face cost crisis despite hopes for recovery, says report
West Midlands manufacturers are facing mixed conditions as the year ends, according to the latest report from Make UK and business advisory firm BDO.
While output and orders were weak in the final quarter, especially due to the phasing out of older models in the automotive sector, there are signs of improvement in early 2025, with orders expected to rise by +33%, well above the national average.
Job prospects and investment intentions have also seen positive growth, jumping to +29% and +19%.
However, overall business confiden... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
