Civil Engineering and Manufacturing Expands

Civil engineering contractors and businesses in the manufacturing sector have indicated growth in their workloads for the New Year, a survey has indicated.

The survey conducted by the purchasing managers’ index (PMI) has shown a sharp increase in output, a rise in new orders and a fall in cost faced by the manufacturing and civil engineering sector.

The Chartered Institute of Purchasing and Supply (CIPS) reported companies have seen indications that customers are increasingly willing to spend.

Chief executive at CIPS, David Noble, welcomed the statistics saying they are good news for the manufacturing sector. However, Mr Noble mentioned that more time will be needed for the manufacturing industry to establish whether growth is sustainable.

He told the BBC: “The UK manufacturing sector has sprung to life in the first month of 2012 to defy any economic gloom, but it is too early to say whether this trend is sustainable.”

Meanwhile, the UK’s leading infrastructure contractors have urged the government to continue with delivering recently announced investments for improving infrastructure and boosting businesses across the UK.

The government has previously said in its Autumn Statement for 2012 that a key priority for growth will be the Building and Construction Industry –with recent investment of over £5 billion to improve contractors’ order books for years ahead.

 

Do you think the good performance of the Civil Engineering and Manufacturing sector is a result of the huge investment by the UK government to stimulate future growth?  Share your thoughts with us on Facebook or just by leaving a comment below:

 

 

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Posted on February 2, 2012, in construction jobs, construction news, elearning awards, Infrastructure, Nick Clegg, Osborne, plumbing jobs, t4ts, train4tradeskills and tagged , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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