ECONOMISTS’ VIEWS: HOW STRONG IS THE UK’S MANUFACTURING SECTOR?

 
Tim Wallace
Follow Tim
ANDREW GOODWIN | Ernst and Young Item club
The pickup in export demand is a welcome development, but that’s coming from a very low base. Activity is still, at best, stagnating.

HOWARD ARCHER | IHS global insight
The data suggest domestic demand for manufactured goods contracted significantly, and employment fell for a third month running.

DAVID TINSLEY | BNP Paribas
The PMI figures offer a glimmer of hope. New orders are contracting, but the rate has slackened considerably, and export orders actually rose.