U.S. Industrial Production Points to Slowing Manufacturing Recovery; Latest Data on the UK Manufacturing Industry Summarised; U.K. Manufacturing Calls for Brexit Deal to Protect Exports; Why Good Manufacturing Practice has Protected Food Factories From COVID-19.
U.S. Industrial Production Points to Slowing Manufacturing Recovery
U.S. industrial production rose for the fourth consecutive month in August but at a much lower rate than earlier in the summer, a sign that the manufacturing recovery is slowing.
The Federal Reserve on Tuesday said industrial production—a measure of output at factories, mines and utilities—rose a seasonally adjusted 0.4% in August from July, following a revised 3.5% rise in July.
Source: The Wall Street Journal
Latest Data on the UK Manufacturing Industry Summarised
Industry body Make UK has published its latest annual data, showing the UK manufacturing sector accounts for £191 billion of output.
The data from the research is summarised in this quick video.
U.K. Manufacturing Calls for Brexit Deal to Protect Exports
“These figures lay bare the overwhelming importance for manufacturers of trade with our closest market and the need to avoid imposing any barriers which will make this more difficult,” Make U.K. head Stephen Phipson said in a statement on Thursday. “For U.K. manufacturers, access to their biggest market must be a premium.”
Why Good Manufacturing Practice has Protected Food Factories From COVID-19
More than 99% per cent of the food industry in Australia has been unaffected by Coronavirus. Industry experts attribute this surprising statistic to the good manufacturing practices already in place.
FSANZ (Food Standards Australia New Zealand) has played a huge part in this thanks to the implementation of The Food Standards Code which guides food safety standards in Australia.