The UK manufacturing sector is showing signs of bouncing back from the fragile conditions seen at the end of 2011 and start of 2012, according to the CBI.
Ian McCafferty, CBI Chief Economic Adviser, said:
“With the acute fears over Europe and global demand subsiding somewhat since the start of 2012, sentiment about the general business situation has risen among manufacturers for the first time in a year.
“Nevertheless, given Europe is still our biggest export market, the outlook for UK manufacturing will remain uncertain until the Eurozone crisis is resolved.”
The UK's shrinking economy has left many business owners unsure of where the economy, the government and their livelihoods are going next.
ITV News has been speaking to people in Swansea where the economic outlook is no brighter than the weather
A point here or there doesn't signal disaster. It is a statistical event. However you phrase it the fact is - the economy is stuck