The Chief Economist for RBS reports today: “A decent August for UK production as output rose by 0.2% on the month. If it manages the same in September then production should rise by 0.9% in Q3, about treble its recent pace. Manufacturing is enjoying a mini-renaissance. Output rose 0.4% on the month and turnover is up 6% on the year. It’s an equal opportunity buoyancy too, benefiting common-or garden manufacturers as well as the high-end techie stuff. What’s not to like?”
Indeed!
“Manufacturing is enjoying a mini-renaissance” – renaissance man Leonardo Da Vinci thought about manufacturing automation
