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The organisation released its latest SME Trends Survey on Tuesday (May 3rd) showing people investing in stock that there was a net balance of +16 per cent respondents reporting a rise in domestic orders and +23 per cent for international transactions.
Lucie Armstrong, chair of the CBI's SME Council, pointed out that production costs have risen sharply in recent months, but manufacturers have enjoyed plenty of demand for their products.
She said: "Headcount has increased for the third consecutive quarter as firms try to keep up with demand and output is expected to rise again in the coming months."
Last week, the CBI claimed private finance will need to play an increasing role in the development of infrastructure, due to the size of the public deficit.
Posted by Chris Weaver
