The EEF/BDO annual Regional Manufacturing Outlook report pulls together our quarterly survey results on the health of manufacturing over the past 12 months, comparing performance across the key regions of England, Scotland and Wales.
The past 12 months has seen the restoration of confidence across all the regions following a fall in the immediate aftermath of the Brexit vote. There have been a number of tailwinds which have emerged to support confidence among UK manufacturers over this period. Particularly, the unwinding of the drag of low commodity prices, as well as, the synchronised pick-up in global manufacturing, have combined to rejuvenate demand in the sector. However, uncertainty continues to dominate the political and economic landscape and as a result, confidence in some regions continues to ebb below pre-Referendum highs.
Over the past year we’ve seen a broad-based, across the country improvement in most of our Manufacturing Outlook survey’s key indicators. The regional summary below is case in point; the table is dominated by positive readings in all indicators, with investment the only exception.
Download the full report for more in-depth information about each region and how it compares to others in productivity, business creation and employment dynamics.
If you would like to discuss any of the topics raised in this report, please don't hesitate to contact Tom Lawton or your usual BDO Manufacturing partner.