UK Manufacturing: The Facts 2024

Make UK’s annual analysis of the latest manufacturing facts and statistics is now available. 

In total, the reports reveals that the sector contributed £217bn in output to the economy last year, supporting 2.6m jobs. Firms are also investing more than in 2023, with £38.8bn worth of investment taking place. Like last year’s edition, ‘UK Manufacturing: The Facts 2024’ again reveals that manufacturing jobs are better paid than most, with average salaries rising by £2281 to £38,769 this year. In comparison, salaries in services and the wider economy average at £34,698 and £35,404, respectively. 

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