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UK Manufacturing Output, 2nd Quarter 2018: As promised last week, we take a deeper dive into the data for manufacturing output that was released by the Office for National Statistics (ONS). Starting with the headline, manufacturing output was -0.9% lower than in the previous quarter, but +1.4% higher than a year earlier (Q2-17). However, the more volatile monthly trend is interesting because there was a very weak figure in April and the month-on-month growth we
We have just launched the MTA Business Survey for July - you can access the on-line form at www.mta.org.uk/mta-business-survey-jul18; if you are about to head off on holiday, hopefully you can find a few moments to complete this today or, if you are reading this having returned, please dig out the e-mail from all those unread messages and let us have your input in the next couple of days. We look forward to hearing from yo
UK Productivity, 1st Quarter 2018: The ONS recently released a whole raft of data on productivity, with the headline being an improvement of +0.9% in output per hour (the best way to measure productivity) compared to the 1st period of 2017 for the whole economy; for the manufacturing sector, productivity was +0.7% better than a year earlier. The ONS notes that this is still slower than the typical pre-recession rate of productivity growth.
The MTA Business Survey for June is currently underway and you can access the on-line form at www.mta.org.uk/mta-business-survey-jun18 - this is one of our slightly longer quarterly surveys, but we hope that this will not put you off. With thanks to those who have replied already, we would like to encourage all MTA members to participate in this important project which gives us a quick overview of the state of the market for manuf
The manufacturing output data released by the Office for National Statistics (ONS) attracted some negative headlines as they reflected a month-on-month reduction of -1.4%, the worst month since October 2012. We prefer to focus on the 3-month rolling trend, but this fell by -0.5% (comparing February, March and April 2018 with November and December 2017 and January 2018) - this is the largest fall in this series since May 2017. However, as we will see, the trends remain mixed between various...
The MTA Business Survey for May will be closing on Monday, but there is still time to get your return to us if you have not done so already. The data about the manufacturing technology sector from this survey complements more wide-ranging information, so it is important that we get a good reflection of the trends in our sector by maximising the response. You can access the on-line form at www.mta.org.uk/mta-business-survey-may18 -
This structural survey from the Office for National Statistics (ONS) gives an overview of the industrial structure of the UK economy at a detailed industry level. It major problem is the time taken to produce the data, with 2017 figures not due for release until November.
The MTA are always looking for ways in which we can bring you new and useful services to help make you more competitive and successful.
PMI, UK and Euro-zone, May 2018: The UK manufacturing sector Purchasing Managers Index (PMI) edged up slightly, triggering a round of “good news” headlines; however, the detailed results are still something of a mixed bag. The most important point is that despite falling from the peak we saw last November, the UK manufacturing PMI remains firmly in positive territory.
GDPR Update... things you need to know ‘GDPR’ replaces the existing data protection directive that was introduced in 1998 and has been created by the European Parliament, the Council of the European Union and the European Commission to strengthen and unify data protection for all EU residents. GDPR addresses data protection rules for personal data export outside of the EU.
It will come into force for all organisations that handle the data of EU residents from the 25th of May 2018.