Private sector growth picked up pace in the three months to December, according to the CBI’s final Growth Indicator of 2016.
The survey of 788 respondents across the manufacturing, distribution and service sectors showed that growth climbed to a balance of +17%, its highest in a year.
Most sectors reported an upturn in activity with the manufacturing sector witnessing a strong rise.
The CBI says that companies across most sectors expect to see similarly healthy growth over the next three months although after that things seem more uncertain due largely to Brexit concerns.
We believe that digital technology is playing its part to support this continuing growth, and Bowe Digital offers a range of IT solutions that can help manufacturing companies to take advantage.
Call us on 0191 214 1750 or email firstname.lastname@example.org to find out how.
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