Midland Manufacturers Look Abroad to Sustain Growth ; Manufacturing

Summary

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A record number of manufacturers in the West Midlands have turned to overseas markets to sustain growth, according to the third quarterly economic survey by Birmingham Chamber of Commerce and Industry.

Eighty-two per cent of those manufacturers surveyed said they had exported during the three months to October although 53 per cent said there had been a decrease in domestic market sales and 46 per cent said their had been a reduction in UK orders.

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Extract

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Midland Manufacturers Look Abroad to Sustain Growth ; Manufacturing

Seventy-five per cent said that export sales have remained constant or increased and 71 per cent of manufacturers note that forward export sales have remained const...

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