| answer text |
<p>The Office for National Statistics publish quarterly estimates of manufacturing
business investment and monthly estimates for manufacturing output. Latest figures
for the third quarter of 2018 show that manufacturing business investment was 4.4%
up on the previous quarter but 1.9% down on the third quarter of the previous year.
Estimates for the fourth quarter of 2018 will be published on 29th March.</p><p> </p><p>Latest
manufacturing output figures for January 2019 report an increase of 0.8% on the previous
month, following six months of consecutive declines, though a fall of 1.1% on January
of 2019. Looking at the more stable 3 month on 3 month trend output in the 3 months
to January 2019 was down by 0.7% on output in the 3 months to October 2018.</p><p>
</p><p>Business investment in construction in the third quarter of 2018 was up by
2.1% on the previous quarter though down by 13.5% on the third quarter of 2017. Latest
output figures show that construction grew by 0.7% in 2018 and by 2.8% in January
2019, remaining at the record levels reported in the second half of 2018. External
forecasts suggest that the industry will continue to grow in 2019 and 2020, led by
activity in the infrastructure and private housing sectors.</p>
|
|
