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Manufacturing in the Black Country Continues to Outperform National Averages

Kevin RogersThe recent publication of the latest CBI Monthly Industrial Trends Survey concludes that both UK and export orders are growing during August. This news has prompted Kevin Rogers, CEO of Paycare and Vice President of the Black Country Chamber of Commerce to remind us that local manufacturers outperformed the national average during quarter 2 of 2015.

Kevin said: “UK and export orders for Black Country manufacturers grew 13% and 15% more than the national average during quarter 2. Price pressure from pay and overheads is rising but this is being balanced by expectations that raw materials and finance costs will drop.

“UK and export sales for Black Country manufacturers grew 4% and 9% more than the regional (West Midlands) average during quarter 2 which is good news but our manufacturers are much more downbeat about turnover and profitability expectations over the next 12 months.

“It is vital that local businesses keep us informed on how things are going. We use the feedback to challenge local and national government policy and to help us find exactly the right kinds of opportunities that will help businesses grow.

“For example, we piloted a Strategic Leadership programme through the Black Country Growth Hub this year. This was as a result of what we were hearing: that 90% of businesses see leadership skills as one of the key strategic needs for growth. The programme has had a significant effect and as a result more of our businesses are navigating their way through all the offerings that are currently available, offerings that we at the Chamber can help businesses make sense of. We have employed specialists to help this process and are launching our commercial Strategic Leadership programme in October. I urge businesses to contact us to find out more information about this programme. 

“In order to deliver our aim to double the size of the Black Country economy by the end of 2023, we need all 32,000 businesses in the Black Country to grow. We have more than 150 years’ experience in supporting local businesses and we look forward to working with partners to put the Black Country on the global industrial map.”

Last modified on Wednesday, 30 August 2017 20:48

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