Manufacturing 2011 in numbers
Manufacturing accounts for 10% of the economy, has been about 25% of growth since recession- Eight consecutive quarters of growth
- There are approximately 124,000 manufacturing companies in the UK
- Manufacturing accounts for about 10% of employment in the UK
- EEF’s Businesss Trends survey shows that a balance of 12% of companies saw output expand in the last three months
- In the last year productivity in manufacturing rose 4.9% compared with 1.4% in the economy as a whole
- Mechanical equipment (8.4%) and motor vehicles (10.6%) were the best performing sectors in the year to Oct 2011
- In the last decade productivity in manufacturing rose 45% compared with 14% in the economy as a whole
- UK goods exports hit a record £26.5bn in October
- Ratio of R&D to income in is around 4%, rising to 15% for pharma (1.6% for the whole economy)
- EEF surveys show that the majority of manufacturers are adopting low-carbon initiatives
- Manufacturing accounts for around 3/4 of business investment
- Since 1990 manufacturing emissions have been reduced by 39%
- There are currently around 2.5 million people employed in manufacturing
- Manufacturing recycles nearly half its waste
- Average weekly earnings are 15% higher in manufacturing than for the economy as a whole
- Investment by manufacturers rose by nearly 16% in the last year
- Manufacturers are bringing production back to the UK: 1 in 7 manufacturers that had shipped production offshore are bringing activity back
- Over 90% of UK manufacturers are exporters
Source the Manufacturer




