The UK’s manufacturing sector finished 2010 with output, export orders and employment all rising rapidly according to the purchasing managers’ index for the manufacturing sector.
The index hit a 16-year high in December reaching 58.3, up from 57.5 in November. A figure above 50 means that companies are reporting rising output.
The figures suggest that the manufacturing sector grew at a strong pace in the fourth quarter of the year and shrugged off the heavy snow that hit parts of the country during December.
The index hit a 16-year high in December reaching 58.3, up from 57.5 in November. A figure above 50 means that companies are reporting rising output.
Sounds like those public sector redundancies will be easily absorbed by the private sector, and Labour have nothing left to carp about having been shown up for what they are.
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