{"id":8909,"date":"2021-12-09T08:24:00","date_gmt":"2021-12-09T08:24:00","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=8909"},"modified":"2021-12-09T08:24:02","modified_gmt":"2021-12-09T08:24:02","slug":"week-49-in-manufacturing-news-3","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/","title":{"rendered":"Week 49 in Manufacturing News"},"content":{"rendered":"\n<p>Key indicators hint the supply-chain crisis is over and inflation will cool off soon; UK manufacturing SMEs call on government for better funding access; CBI cuts UK economic growth forecasts on supply chain hit; German exports shoot up 4.1% in October.<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"332\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3.png\" alt=\"\" class=\"wp-image-8913\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3.png 498w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3-300x200.png 300w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Indicators Hint the Supply-Chain Crisis is Over and Inflation Will Cool Off Soon<\/h2>\n\n\n\n<p>Data suggests the worst of the supply mess is over, and that the gap between supply and demand is starting to close. New sales at US manufacturers grew at the slowest pace in 11 months in November, IHS Markit said Wednesday. Production, meanwhile, accelerated from October&#8217;s pace. The Institute for Supply Management&#8217;s Chicago Business Barometer showed inventories soaring to their highest levels since 2018 in November.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"Business Insider (opens in a new tab)\" href=\"https:\/\/www.businessinsider.com\/when-will-supply-shortages-end-inflation-cool-shipping-crisis-manufacturers-2021-12\" target=\"_blank\">Business Insider<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK Manufacturing SMEs Call on Government for Better Funding Access<\/h2>\n\n\n\n<p>New research published by Make UK showed that if the 75% of Britain\u2019s smaller businesses with lower productivity upped their game to the output of top 25%, UK GDP could see a boost of \u00a3270 billion. Some two thirds of SME manufacturers grow by re-investing past profits due to a lack of access to funds. But 31% say they would prioritise investment in developing products and expanding capacity.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"PES media (opens in a new tab)\" href=\"https:\/\/www.pesmedia.com\/uk-manufacturing-industry-data-06122021\" target=\"_blank\">PES media<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">CBI Cuts UK Economic Growth Forecasts on Supply Chain Hit<\/h2>\n\n\n\n<p>The Confederation of British Industry cut its forecasts for economic growth to 6.9% in 2021 and 5.1% in 2022 from previous estimates of 8.2% and 6.1%. It said the downgrade mostly reflected weaker growth since its last forecasts in June and the supply chain problems that have slowed the recovery from last year&#8217;s coronavirus slump were likely to end in mid-2022.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"Reuters (opens in a new tab)\" href=\"https:\/\/www.reuters.com\/markets\/europe\/cbi-cuts-uk-economic-growth-forecasts-supply-chain-hit-2021-12-06\/\" target=\"_blank\">Reuters<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">German Exports Shoot up 4.1% in October<\/h2>\n\n\n\n<p>German exports grew at their strongest pace in more than a year in October despite persistent supply bottlenecks in manufacturing, data showed on Thursday. Seasonally adjusted exports increased by 4.1% on the month after falling in August and September, the Federal Statistics Office said.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.reuters.com\/world\/europe\/german-exports-shoot-up-41-october-2021-12-09\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" aria-label=\"Reuters (opens in a new tab)\">Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key indicators hint the supply-chain crisis is over and inflation will cool off soon; UK manufacturing SMEs call on government for better funding access; CBI cuts UK economic growth forecasts on supply chain hit; German exports shoot up 4.1% in October.<\/p>\n","protected":false},"author":4,"featured_media":8913,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-8909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 49 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 49 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week 49 in Manufacturing News - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Manufacturing news week 49 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-09T08:24:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-09T08:24:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"498\" \/>\n\t<meta property=\"og:image:height\" content=\"332\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Karl Heinrich Lauri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karl Heinrich Lauri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 49 in Manufacturing News\",\"datePublished\":\"2021-12-09T08:24:00+00:00\",\"dateModified\":\"2021-12-09T08:24:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\"},\"wordCount\":324,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/\",\"name\":\"Week 49 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-49-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/12\/week-49-in-manufacturing-news-3.png\",\"datePublished\":\"2021-12-09T08:24:00+00:00\",\"dateModified\":\"2021-12-09T08:24:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 49 in 2021. 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