The UK manufacturing sector achieved productivity improvements worth £48.5bn in 2023, according to analysis of ONS data by FourJaw Manufacturing Analytics, a technology company that measures machine productivity
Britain’s manufacturers realised productivity improvements worth £48.5bn in 2023, according to analysis of ONS data by FourJaw Manufacturing Analytics.
The UK manufacturing sector was 6.6% more productive in the third quarter of 2023 than the same period in 2022, driven primarily by improvements in the automotive and broader transport equipment sector, according to analysis of ONS data from FourJaw Manufacturing Analytics, a technology company that measures machine productivity.
The UK manufacturing sector was 6.6 per cent more productive in Q3 this year than the same period in 2022, analysis of ONS data from FourJaw Manufacturing Analytics has found.
FourJaw Manufacturing Analytics will use the funds to further enhance its machine monitoring platform, expand its customer base and create seven new jobs.