The UK manufacturing sector is showing resilience in the face of challenging economic conditions, with orders and output growth steady, the CBI said today (Wednesday). Both measures of activity indicated modest growth in the three months to July, while manufacturers’ optimism about the general business situation was broadly stable relative to the previous three months (-6%). Of the 398 manufacturers responding to the latest CBI quarterly Industrial Trends Survey, 29% reported that total orders had increased in the three months to July, while 26% said that they had fallen. The resulting balance of +3% is above the ... (full story)