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Record orders as east firms emerge from lockdown | East Anglian Daily Times

Manufacturers recorded stronger growth in staffing numbers than service providers but a shortage of inputs and materials contributed to a sharp rise in outstanding work in the region, which saw backlogs rising at a faster pace than all other regions surveyed. Private sector firms in the East of England also faced a rise in costs for the tenth month in a row. Higher wage costs, supplier shortages and increased transportation prices were all cited. Firms also put up prices at the steepest rate since November 2017. John Maude of NatWest Midlands and east regional board, said after a difficult start to 2021, the March PMI survey showed a substantial rebound in activity.

East s economic decline slowing, index suggests | Eastern Daily Press

Private sector firms remained confident that their output would grow over the next 12 months with the easing of restrictions, greater demand and expansion plans all buoying sentiment.  As a result, optimism in the east climbed to its strongest in almost five years although it was slightly below the national average. Private sector firms in the east recorded a marginal expansion in staffing levels in February which contrasted with a marked decline at the start of the year. It was one of only three regions not to see a decline in jobs, alongside the East Midlands and Yorkshire & Humber. But difficulty in obtaining inputs and insufficient workforce numbers led to the rise in outstanding business across the region while all the other 11 regions saw a fall.

East of England firms confident going into 2021 | East Anglian Daily Times

Businesses remained confident moving into 2021, a survey suggests - Credit: Spectra Packaging East of England firms battling the economic effects of the coronavirus pandemic cut their workforces in November, but remain confident about the future, a survey suggests. The headline NatWest East of England Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – fell from 54.9 in October to 51.2 in November.  The latest figure signalled the softest expansion in the current five-month period of growth, although the rise in business activity – albeit marginal – contrasted with a decline across the UK as a whole. Survey respondents attributed the moderation to tightening restrictions implemented to control the surge in coronavirus cases.

Sombre end to 2020 as East of England output flatlines | East Anglian Daily Times

Output flatlined across the East of England in December. PIC RICHARD SNASDELL - Credit: Richard Snasdell Output stagnated across the East of England in December as the country braced itself for another testing period, figures show. But the region was one of only two to bolster its private sector workforce in December, the latest NatWest East of England Business Activity Index shows. The index measures performance across the manufacturing and service sectors, with 50 indicating a balance of positive and negative responses from its panellists. It revealed seasonally-adjusted month-on-month output across the east s manufacturing and service fell from 51.2 to 50.1 in December with survey respondents attributing the stagnation to tighter coronavirus restrictions.

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