MTA survey shows uplift in orders and confidence
Published : April 15, 2010
Results from the Manufacturing Technologies Association (MTA) monthly survey for March show significant increases in order intake and invoiced sales amongst member companies. In addition, the survey reports a higher level of business confidence, an increase in new business enquiries and reveals that compared to February, more companies are employing staff than making redundancies.
The feedback from the March 2010 survey is the most positive since the survey began in July 2009; a real indication that engineering based manufacturers are optimistic and that improved economic conditions are building towards a strong second half of 2010. Net order intake was very positive and March invoiced sales were also higher than in February, with the majority of respondents reporting a rise in sales. In addition, no respondents reported that business confidence was down, or that the levels of business enquiries were down; March 2010 was the first MTA Flash Survey in which zero respondents felt this way. The survey also indicated that, for the first time in a year, the industry is recruiting, rather than shedding, staff.
This positive survey feedback is buoyed by the high MACH2010 visitor pre-registration numbers, plus the staggering figure showing 96,400 unique users have visited the MACH2010 website. MACH2010 looks poised to be a great show to take advantage of the improving business climate – visit www.mach2010.com for more information.
