Product Details Supplier Info More products

Results from the Manufacturing Technologies Association’s (MTA’s) monthly survey for March show significant increases in order intake and invoiced sales among member companies.

In addition, the survey reports a higher level of business confidence and an increase in new business enquiries and reveals that, compared to February, more companies are employing staff than are making redundancies.

The feedback from the March 2010 survey is the most positive since the survey began in July 2009; this is said to be an indication that engineering-based manufacturers are optimistic and that improved economic conditions are building towards a strong second half of 2010.

Net order intake was positive and March invoiced sales were also higher than in February, with the majority of respondents reporting a rise in sales.

No respondents reported that business confidence was down or that the levels of business enquiries were down; March 2010 was the first MTA Flash Survey in which zero respondents felt this way.

The survey also indicated that, for the first time in a year, the industry is recruiting, rather than shedding, staff.

This positive feedback is said to be reflected by the high Mach 2010 visitor pre-registration numbers, as well as the fact that 96,400 users have visited the event’s website.

Manufacturing Technologies Association

View full profile