EEF NW comment on PMI data
Date published: 03 June 2013
David Ost, North West Region Director at EEF
Commenting on today’s PMI data, EEF North West Region Director David Ost said: “May’s rebound in manufacturing activity signals the strong likelihood of a positive second quarter for the sector.
"Broad based improvements across industry supported by rising order inflows, even from parts of Europe where the pace of contraction is now starting to ease, provide some reasons for cautious optimism that manufacturing growth is turning a corner.
"While the survey notes that increased activity is feeding through to more recruitment, we also need to ensure that conditions are right for manufacturers to bring forward plans to increase business investment too.“
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