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Growth dips whilst investment in training and innovation remain

Manufacturing growth has dipped in the three months to October 2017 according to the CBI quarterly Industrial Trends survey.

The CBIs latest Industrial Trends survey has been released. The quarterly report publishes the findings of a survey of approximately 400 manufacturers, and the finding offer insight into growth and optimism within the sector. 

This latest report found that confidence amongst manufacturers had fallen for the first time in a year, but sentiment about export prospects continued to rise.

Growth in output, domestic orders and export orders had fallen on previous results but remain above their long-term averages.

The survey found that whilst investment intentions for buildings and new equipment had reduced over three months, plans for investment in training and innovation remained much firmer.

For a full summary click here to read the press release. 

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