Manufacturing 'performing well in Yorkshire'
Friday, 29 May 2009
Yorkshire's manufacturing industries are performing well amid the economic downturn, it has been said.
James Farrar, assistant director of the economic team at Yorkshire Forward, said advanced manufacturing is proving one particularly successful area, as is "the clever engineering side".
"Things are pretty busy right now - some of the quite high-spec niche engineers and high-value manufacturers are actually performing pretty well," he continued.
The digital sectors are failing to hamper the region's more traditional industries, Mr Farrar added, with many companies throughout Yorkshire remaining "pretty sound".
According to PricewaterhouseCooper's March report, entitled the Future of Manufacturing, output of British manufacturing reached an all-time high in 2007, even when figures were adjusted for inflation.
It also found that the UK is the world's sixth largest manufacturer with strong positions in certain key industries and that UK manufacturing achieved a 50 per cent increase in labour productivity between 1997 and 2007.
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