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Growth in domestic orders
Aug 15 2007 by Tony McDonough, Liverpool Daily Post
SMALL and medium-sized manufacturers have reported the highest rate of growth in domestic orders since 1997, and continue to enjoy firm demand overall, according to the CBI's latest quarterly SME survey.
These smaller manufacturers fared better over the last three months than the sector as a whole. Whereas manufacturers overall saw growth in orders fall back from April's peak, the balance of SME firms seeing total orders rise rather than fall remained steady at a net +12%. At a +7% balance, the expansion in domestic orders was the strongest reported figure since January, 1997.
The survey, however, showed a contrast between small firms and medium-sized enterprises over the last quarter.
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