2016 Chief Economist Report 2016

Lifting the  Industry - CEEMET 's 2015/2016 economic snapshot of manufacturing in Europe. Since the recession hit the Metal, Engineering and Technology-based (MET) sector, uncertainty has weighed. However the MET sector still represents half of the EU’s total manufacturing output and is therefore a crucial job and wealth creator. In order to capitalize on future growth, Europe must commit to a renewed focus on competitiveness allowing for more investment in high skilled workers, modern equipment, infrastructure and innovation

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Chief Economist Report 2016

The MET industry needs to close the gap on pre-recession investment levels, turbo-charge growth and raise export performance to not lose its place on the global market. The slack that comes from the slowing of the BRIC (Brazil, Russia, India & China) economies is a mounting concern for European industry in 2016 and needs to be counteracted through policies to shore up demand across the EU economy.

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