At the start of each year we publish our Executive Survey in partnership with Aldermore - a look at manufacturing executives’ views on the year ahead.
This time last year
When we published the 2015 report at this time last year, the survey showed that growth was anticipated by manufacturers across the UK economy and in manufacturing, albeit the pace companies were planning for was more modest. Concerns about the global economic outlook had grown compared with a strong 2014.
Whilst manufacturers continued to see the UK is a competitive location, risks were still looming on the horizon, and companies were putting in place strategies in response to a patchwork of opportunities, risks and uncertainties.
Companies viewed the balance between risks and opportunities to be a fine one, but they showed some confidence they could achieve sales growth in the year ahead.
But it is fair to say that as a new year starts, 2015 did not end where manufacturers expected it to be
12 months previously. The balancing act fell down on the side of risks and these hit harder than expected. Consequently, we expect manufacturing output to show a marginal contraction of 0.1% in 2015.
This year’s report
The 2016 report is out on Monday (11 January). Read what manufacturing executives told us they were expecting for the year ahead – from risks to priorities to their outlook on the economy and see how this compare to your company’s view of the next 12 months.
- What will feature on the risks list in 2016?
- Are firms expecting the global weakness experienced in 2015 to persist?
- What are companies expecting for sales growth and employment?
- What actions are manufacturers taking to create opportunities for growth?
Download and read the report on Monday
Hear keynote speakers from the main political parties and captains of industry share their thoughts and insights on the latest and future manufacturing trends on 24 February 2016. Book your place here