Manufacturing News – Late May 2021

SME manufacturers are confident of more sales, more jobs and more investment in the coming months.

Confidence amongst SME manufacturers is at its highest level for two years according to the latest Manufacturing Barometer, carried out by SWMAS (the South West Manufacturing Advisory Service) and the Manufacturing Growth Programme (MGP).

Nearly two thirds of firms are expecting to increase sales between now and October, with 58% indicating that they are planning to boost investment over the next six months as they look to the future. Out of nearly 300 firms questioned, 54% highlighted an increased need to recruit staff over the coming months.

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