Manufacturing Barometer special focus: COVID-19 Recovery and Future Growth Prospects

SPECIAL FOCUS COVID-19 Recovery and Future Growth Prospects

This quarters survey shows that, whilst manufacturers are still in negative territory since the COVID-19 crisis began, there has been a marked improvement since the previous Barometer in March, which showed the bleakest outlook in over a decade.

The latest findings show an improvement from the previous quarter, with some businesses feeling more optimistic about future growth. However, 38% of respondents have been forced to pause production as a result of customers and/or suppliers being closed, which is having a negative effect on sales and profits.

Share this

Share on facebook
Share on twitter
Share on linkedin

Tap into our insights

Oxford Innovation Advice offers Insights into SME needs and policy effectiveness for policy makers, funders and business support commissioners. It draws on our 30 years’ experience of delivering positive economic growth by enabling scale-ups to achieve their full potential. Each edition concludes with an ‘Implications for funders and Policy makers’ section.

Covid-19 Statement

Update – Wednesday 15th December 2021

Our Innovation Centres remain operational and accessible, and provide a safe environment for our staff and customers. We continue to assess the risk of COVID-19 alongside the latest guidance from government. In the meantime our Innovation Centre remains COVID-19 Secure and fully open for business. Our detailed risk assessment can be found here.