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Entrepreneurs Panel

Charlie Mullins
Richard O'Sullivan
Julie Meyer
Brian Hay
Laura Tenison
Jennie Johnson
Tony Caldeira
Steve Purdham
Michael Oliver
Debbie Pierce
David Pollock
Jeremy Roberts

Manufacturing continues sharp decline

Manufacturing output decreased by 2.0 per cent in the three months to October 2008 compared with the three months to July 2008, according to the Office For National Statistics (ONS)

Output decreased in 12 out of the 13 sub-sectors and increased in one sub-sector.

Within the widespread decreases in the latest three month on three month period, the most significant decreases in output were 4.6 per cent in the transport equipment industries, 3.4 per cent in the paper, printing and publishing industries and 2.6 per cent in the basic metal and metal products industries. There were no significant increases during the latest three month on three month period.

Total production output decreased by 1.8 per cent in the latest three month on three month period. There was a decrease in output of 0.7 per cent in the mining and quarrying sector and a decrease of 0.5 per cent in the energy supply sector. Within energy supply, output of the electricity supply industry decreased by 1.7 per cent during the latest three month on three month period. Within the mining and quarrying sector, there was an increase in oil and gas extraction of 0.1 per cent.

Between September and October, manufacturing output decreased by 1.4 per cent.

Total production output decreased by 1.7 per cent between September and October.

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