[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Sunday, 14 May 2006, 23:45 GMT 00:45 UK
Optimism for manufacturing sector
Factory machine
The manufacturing sector may be turning the corner
Prospects for Scottish manufacturers are improving, according to an economic survey by the Royal Bank of Scotland.

The bank's purchasing managers' index suggests that production rose to a two-year high last month.

The latest figures show robust growth across the private sector, with manufacturers seeing a rise in orders from the UK and export markets.

Growing confidence among manufacturers has seen staffing levels increase for the first time in more than a year.

This backs up surveys from the engineering sector and more recently the CBI and Institute of Directors, which suggest Scotland's beleaguered manufacturers are turning the corner.

However, the bank's figures suggested that demand was still much higher in the service sector.




BBC NEWS: VIDEO AND AUDIO
Hear how some Scottish manufacturers have survived



SEE ALSO:
Scottish export decline continues
05 Apr 06 |  Scotland
Scottish growth 'level' with UK
15 Mar 06 |  Scotland
Exports from Scots plants decline
24 Oct 05 |  Scotland
Scottish export goods sales down
05 Oct 05 |  Scotland
Economy still strong in Scotland
15 Dec 04 |  Scotland


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific