East of England Manufacturing Outlook – 2023
How has manufacturing fared in your region or nation over the last 12 months?
The ninth edition of the Make UK and BDO Regional Manufacturing Outlook, summarises how the manufacturing sector has evolved across the UK regions and nations over the past 12 months. Bringing together four quarters of our Make UK/BDO Manufacturing Outlook research, the report highlights manufacturers’ contribution in terms of output, orders, employment, and investment, and compares them to the national average and last year’s performance.
The last annual report accounted for much of the time that included the rebound in economic activity following the pandemic. As a result, many of our key metrics produced balances that were astonishingly high for all regions and nations in the UK.
This year the results for the average performance of manufacturers across the UK between the third quarter of 2022 and second quarter of 2023 is relatively more tempered than last year. Several regions still performed exceptionally well, particularly due to strong performances at the beginning of 2023, whilst performances in 2022 were marred by high energy costs and supply-chain disruption.
Explore the stats for the East of England on pages 8&9.