Skip to main content

Friday Brief Archive

2020

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2019

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 40

Week 39

Week 38

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 07

Week 03

Week 02

Week 01

2018

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2017

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2016

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2015

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

2014

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

2013

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 02

Week 01

2012

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 15

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Friday Brief

Good morning and welcome to this week’s Friday Brief.

This week saw the MTA AGM take place on Tuesday 3rd December at Cutlers’ Hall Sheffield.

The event was attended by a number of MTA members and this year featured three presentations on the theme of business improvements. Big thank you to everyone who attended, find out more about the event in the story below.

Although the trends remain mixed, the manufacturing sector PMI readings for November were generally up from October, although the majority of the countries/regions that we track are still below the 50 level that marks the boundary between contraction and expansion of the sector.  The UK bucked this trend with the impetus of pre-Brexit stock-building in October dropping out this month and although Germany saw a significant improvement the PMI reading, it remains one of the weakest in our coverage.  Only 8 of the 25 countries that we track had a PMI reading above 50, so the overall situation remains weak.

The November edition of the MTA Business Survey has been underway since the start of the week, but we would like to take this opportunity just to remind you to let us have your input.  The online form is available at www.mta.org.uk/mta-business-survey-nov19.

In a time of industrial and trade uncertainty, the MT sector continues to perform well, as production stands at more than 28 billion in 2018. In the meantime, CECIMO has following closely the review process of the Machinery Directive, the most important legislation for the machinery sector. Find out more within the Brief.

Engineering firms are to be asked about their skills training, in a ground-up research project supported by the MTA.  The focus will be on small and medium-sized companies that are taking positive steps to train, outside the formal, government-funded apprenticeship system. The aim is to help to raise standards in the machinery and component supply chain sector, and to get the evidence needed to win relevant government support. 

This week saw publication of some revised data for UK production by product and industry and we take a look at this in the economic news article this week.  We are still crunching the numbers at the product detail level, but among the highlights to note are the fact that contract machining by metal cutting in the UK was worth £5 billion in 2018, with the equivalent forming activity worth another £2 billion.  There is also news of the latest data release on European GDP which continues to show only modest growth - in particular, the Euro-zone is held back by the fact that Germany and Italy have the slowest annualised growth rates in the 3rd quarter.  Finally, we announce the availability of two reports which are available for MTA members - CECIMO has published the Q2-19 edition of its Economic & Statistical Toolbox and the December dataset for the Contract Price Adjustment Service that we subscribe to for members is available.

In a time of industrial and trade uncertainty, the MT sector continues to perform well, as production stands at more than 28 billion in 2018. In the meantime, CECIMO has following closely the review process of the Machinery Directive, the most important legislation for the machinery sector.

That’s all for this week, we’ll be back next Friday with more industry news and views, until then have a great weekend, from everyone at the MTA.

The MT sector copes well with industrial and trade uncertainty

The MT sector copes well with industrial and trade uncertainty

In a time of industrial and trade uncertainty, the MT sector continues to perform well, as production stands at more than 28 billion in 2018. In the meantime, CECIMO has following closely the review process of the Machinery Directive, the most important legislation for the machinery sector.

Economic outlook and trends: an uncertain future after a period of strong growth.

MTA AGM

MTA AGM

This week saw the MTA AGM take place on Tuesday 3rd December at Cutlers’ Hall Sheffield.

The event was attended by a number of MTA members and this year featured three presentations on the theme of business improvement as well as a small table top exhibition from some of our associate members.

PURCHASING MANAGERS INDEX FOR MANUFACTURING

PURCHASING MANAGERS INDEX FOR MANUFACTURING

PMI, UK, Euro-zone and global, November 2019:  October had seen a small improvement in the Purchasing Managers Index (PMI) for the UK manufacturing sector, largely as a result of stock-building ahead of the Brexit deadline at the end of that month.  With that having passed, the under-lying conditions were unchanged and the subsequent de-stocking meant that the PMI reading fell back to 48.9 - this is now the seventh consecutive month of negative (below 50) figures.  Orders, output and employment all continue to fall and purchasing rates fell with stocks being reduced.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Production Data, 2018 revised:  The Office for National Statistics collects what we refer to as “production” data under the system known as ProdCom.  The figures are actually for the sales of UK made goods, so it is production net of stock changes held by the manufacturer, but we keep the short-hand title for ease of reference.

MMMA ‘Metalworking’ Village at MACH 2020

MMMA ‘Metalworking’ Village at MACH 2020

The MMMA ‘Metalworking’ Village is FULL, filling the largest area the Association has ever taken at MACH, this is a fantastic achievement, with 25 members exhibiting. The Metalworking Village covers 650 square metres, one of the largest areas of any exhibitor at MACH. Demonstrating, Technologies, services and products across many sectors of UK Manufacturing. Which we are very proud to boast over 25 individual companies, seeing the largest number of exhibitors from the MMMA in twenty years.