According to a recent CIPs Market report the Purchasing Managers Index (PMI), recorded the highest reading in 12 months, indicating that manufacturing sector is close to the start of a recovery within the sector. The fall in output, new orders and employment rates also slowed adding to this indication of recovery, while the consumer goods sector recorded growth of production and new business. While businesses remain cautious it is worth while noting that while demand for export orders leveled domestic orders have increased leading to the positive assumption that the UK economy is recuperating faster than its key export markets