Just Quality Systems

Electronics playing a vital role in increasing production output

The variety of electrical products made including PCB affiliation pins, increased in March which shocked experts.

The data launched by ISO 9001 Certification Consultants the Office for National Stats suggest that UK producing output increased by 0.9%, which was a large enhancement on the 1.1% fall in February.

In addition, the ONS specified that sectors including electronic devices, chemical and transportation devices assisted to stabilise the economy.

Electronic devices production, which included the production of PCB interconnection pins, rocketed up by 12.1% in the very first quarter of the year, which ended the bad run of two previous quarterly falls in that sector.

Moreover, industrial production dropped by 0.3%, which was mostly affected by the decreases in oil and gas production.

Andrew Johnson, senior financial expert at EEF, the manufacturers' organisation, reviewed the figures by suggesting that they indicated a slight improvement in production.

" This suggests manufacturing is in a much better position at the start of this year than it was at the end of 2011," he mentioned.

Of the 13 manufacturing sub-sectors, 8 increased, 4 dropped and one stayed level.

The chemicals sector made the greatest contribution to the growths seen in manufacturing output, increasing by 5.6%.

The production of transportation equipment likewise increased by 4.3% and the production of wood and paper products come by 2.3%.

" The obstacles clearly remain powerful, particularly with regard to significant European markets," Mr Johnson added.

" Whilst the blended photo throughout individual sectors suggests we are some method yet from developing a strong and consistent growth path."

Additionally, last month, ONS information exposed that the UK economy had contracted by 0.2% in the first quarter of the year, hence putting the UK back into a double-dip recession.

Despite the economy contracting, some leading economic experts believe that the main data do not fully represent the real strength of the economy which the real image might be far more favorable.

Recent forecasts by the Confederation of British Industry recommend that the economy will begin to grow in the latter part of 2012, with even higher GDP growth throughout 2013.

" Regardless of the frustrating GDP price quote for the very first quarter from the ONS, we still believe the UK economy will grow in 2012, with faster development next year," stated CBI director basic John Cridland.

" Optimism among businesses has been increasing considering that the turn of the year, with manufacturing need holding up. And that is starting to equate into more jobs and financial investment."

You may also be interested to read