PMI.1 Sep 2025 10:34
The United Kingdom manufacturing sector's downward spiral continues. The S&P Global Manufacturing PMI fell to 47 from July's 48., according to the S&P Global report released today.
The drop in new orders is attributed to weak market conditions, tariff uncertainties, downbeat client confidence and a UK government devoid of any ideas of how to correct it.
With both domestic and overseas demand slumping, now showing the complete lack of understanding how markets function.
Manufacturing sector weakness was driven by a sharp drop in new work intakes, with manufacturers listing subdued client confidence and cost caution around the increase in minimum wages as reasons.
Rob Dobson, director at S&P Global Market Intelligence, said that "production volumes are still showing resilience in the face of global geopolitical uncertainty and US tariff policies," but that "August also saw total order books and overseas demand both falling at some of the fastest rates seen over the past two years.”
Well, there's a surprise, who'd have thought it!
Oh yes the usual idiots who were quite vocal after last year's election results but are strangely silent of late.