South West Manufacturing Barometer Report (Q1 2021)

 

Thank you to the 105 regional SME businesses who contributed this quarter - each and every response helps to build an accurate picture of the UK's manufacturing industry.

SPECIAL FOCUS: BARRIERS TO GROWTH OPPORTUNITIES

This quarter's regional report reveals that:

  • An overwhelming 96% of respondents said price changes within their supply chains are currently presenting challenges
  • 93% believe that a lack of raw material availability is causing these price changes, with 78% identifying transportation costs as a contributing factor
  • Over half of regional respondents - 56% - have cited 'recruitment challenges' as a barrier to growth...up 7% when compared with the national report

The full report can be accessed below...

Q1 2021 Manufacturing Barometer - South West Report.pd