Manufacturing: Data on manufacturing jobs, output and producer confidence.Jump to full report >>
Manufacturing is one of the production industries, which also include mining, electricity, water & waste management and oil & gas extraction.
In 2018, the manufacturing sector accounted for 10% of total UK economic output (Gross Value Added). In September 2019, it accounted for 8% of jobs.
Total manufacturing output fell by 1.2% in the 3 months to November 2019 compared with the same 3 months in 2018.
This was the biggest fall over a year since the three months to December 2018.
The biggest falls in manufacturing were in the chemicals industry and in the rubber and plastic industry.
In the Markit/CIPS PMI, a value of 50 means that there is no change compared to the previous month. Values above 50 indicate an expansion, and values below 50 a contraction.
In January 2020 the UK Manufacturing PMI was 49.5, a recovery from December’s 47.5. This was a rise of 4% on the month to only fractionally below the neutral 50.
According to Markit/CIPS, this implies a broad stabilisation of business conditions, with increases in new work and employment (partly offset by a fall in stocks of purchases).
Commons Briefing papers SN05206
Author: Gloria Tyler