The latest Manufacturing Barometer results are in...
Thanks to all the manufacturing business leaders who took the time to participate this quarter!
April's report offers valuable insights into the investments that UK manufacturers are planning to help them address current challenges and drive future business growth.
Key Findings this quarter...
With almost three quarters still struggling to recruit suitably skilled staff, respondents are planning to upskill their current workforce and invest in automation to address this issue:
This is how businesses are planning to tackle rising energy costs:
Over half have increased inventory levels to overcome supply chain challenges, despite more than a third reporting cancelled or delayed orders from their customers:
What else is included in this report?
As well as a summary of recent and future sales, profit, staff numbers, and capital investments, this report features some positive aspirations from SME manufacturing business leaders. We are also pleased to share good news stories from a number of responding businesses, once again highlighting the creativity and innovation of UK manufacturing...
Read the full report: National Manufacturing Barometer - April 2023.pdf