SME manufacturers

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Manufacturing News, Source : The Manufacturer
Published : 14 May 2007 12:45
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SME manufacturers had another strong quarter

SME manufacturers had another strong quarter with business activity continuing to grow. Manufacturers put up prices at the factory gate again and this time to the highest level for just over two years, according to the ‘PKF SME Index’, a survey of 800 SMEs operating in the manufacturing, construction and service sectors. Output by manufacturing firms was the strongest for almost three years in Q1 2007 at 56.0 – in the previous quarter it was 55.4 (marks above 50 indicate expansion and below 50 indicate contraction). New business/orders remained steady at 54.2 although growth has slowed since Q4 2006 when the figure recorded was 55.5.