British Furniture Manufacturers - the latest survey reveal a sense of confidence from UK manufacturers.
Optimistic outlook reported from BFM members
The October 2019 State of Trade & Price Trends Survey shows furniture makers in Britain are optimistic as both new order intake and output rises.
According to the survey, business confidence stands at +22%. The figure for June was -6%.
Nick Garratt, managing director of BFM, said: “Business confidence is an important indicator and it is good to see it has increased in the last four months.
“Output and order intake are expected to remain at positive levels as we approach Christmas, which for many companies is a traditionally busy period.”
The State of Trade & Price Trends Survey is produced every four months for BFM.
A full version of the 17-page document, which features a comprehensive overview of key industry statistics, is available to BFM members from the association’s website.
Nick added: “As the voice of our industry, providing effective representation and a range of appropriate services that embrace the needs and add value, the State of Trade & Price Trends Survey is an important benefit available exclusively for our members.
“Items surveyed include business confidence, order intake, output and material costs to name a few.”