The SWMAS Q1 2021/22 (Apr -June) Manufacturing Barometer results are in!
We are pleased to be able to share this quarter’s national report with you.
With valuable input from 260 businesses, these findings help to highlight the opportunities and challenges being faced by SME manufacturers across the UK.
In addition to recording trends in performance and future confidence, this quarter’s report focuses on the factors currently inhibiting growth for SMEs across the sector, revealing that:
- An overwhelming 96% of respondents said price changes within their supply chains are currently presenting challenges
- 94% believe that a lack of raw material availability is causing these price changes
Almost half – 49% – cited ‘recruitment challenges’ as a barrier to growth
You can access the results – here