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News Release from: Manufacturing Technologies Association
Edited by the Manufacturingtalk Editorial
Team on 28 February 2006
UK manufacturing technology has positive
outlook
Manufacturing Technologies Association Trends Survey for the 4th quarter of 2005 showed orders recovering at the end of the year, a trend which the respondents expect to continue ithrough 2006.
The results of the Manufacturing Technologies Association Trends Survey for the 4th quarter of 2005 showed orders recovering at the end of the year, a trend which the respondents expect to continue in the 2006 The key points of the survey, to which there were 101 respondents from across the Association, were: * The percentage balance for business confidence in the 4th quarter of 2005 was +17%, led by a very positive outlook among the Machinery Manufacturers' Section; this compares with -8% in the 3rd quarter
This article was originally published on Manufacturingtalk on 13 Apr 2004 at 8.00am (UK)
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* Order intake was +3.8% higher than in the 3rd quarter of the year; this trend was not shared across the Association with the Machinery Manufacturers' Section showing a reduction in orders.
* The Machinery Manufacturers' and Equipment Suppliers sections expect a higher level of orders in the 1st quarter of 2006 and, with the Machinery Importers' section anticipating no change in the level of business, the respondents overall predict that orders will be +3.5% up on the 4th quarter of 2005.
MTA director general, Andrew Manly commented: "As we go into the MACH year, it is clear that the suppliers of manufacturing technology are more confident of a positive trend in the market, both in the UK and overseas; the NEC in the middle of May is the place to be.".
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