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Advanced Manufacturing

Winners and Losers in Manufacturing over the decades

Report Segment: Winners and Losers

Despite the relative decline of manufacturing in the UK compared to other countries, the Technology Strategy Board stresses that manufacturing is still a vital part of the UK economy and as the three graphs below show, manufacturing output has actually grown over the last 30 years , as has productivity. Employment in the sector however, has shrunk as the industry’s efficiency has improved. Looking at individual sub-sectors (Graph 3) one can see a mixed picture of fortunes for the industry.