Excell’s Weekly Wrap 10/01/2017
Manufacturing performances couldn’t have started any better, and Excell is like many businesses, reaping the rewards from strong performances last year! If you haven’t already read our highlights of 2016, it’s never to late to do so, simply click here. Pushing that aside, lets take a look at what’s happening at Excell and the UK manufacturing industry!
[mk_blockquote style=”quote-style” font_family=”none” text_size=”12″ align=”left”]A New Year! A strong start for Excell and the manufacturing industry![/mk_blockquote]
Highlights of the week
Manufacturing has got off onto a strong footing with PMI figures of 56.1, 2.5 higher than December’s figures. Anything above 50 indicates expansion taking place within the industry! With a weaker pound, exports have significantly increased but cost pressures faced by firms are still unfortunately high. Reports show that inflows of new work in and outside the UK became stronger, with a weak exchange rate of the sterling aiding UK manufacturing exports.
Remember the fun campaign we started on twitter? Well that has racked up some interest by the local media, ‘The News’ Portsmouth, where we will be featuring on Wednesday’s addition of their business page. Be sure to keep your eyes peeled, and click here to be taken directly to The Portsmouth News business section.
Tweets of the Week
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