Today we launch the ADS Facts and Figures document for 2023, showcasing 2022 data.
The annual ADS Industry Facts and Figures guide shows the contribution of ADS sectors over the past year and is an opportunity to showcase the well-paid jobs, high-tech exports and vital investment in every region and nation of the country.
Our Industry Facts and Figures provide an annual snapshot of the vital contributions our sectors make to the UK economy.
For our 2023 publication, we heard from supply chain and major manufacturers who have reported rising costs and challenges to increasing output. However at the same time, sentiment and outlook across the industries is positive, with expectations of improvements this year in output and investment terms.
The ADS data further highlights a record high of 20.2k apprentices in the sectors’ workforce of 417,000 and is reflective of ADS members’ commitment to developing the workforce of tomorrow.
Aimie Stone, ADS Chief Economist.
This year’s publication includes the usual highlights of:
- Combined turnover of £82bn
- Combined number of directly supported employees, growing to 417,00 including 20,200 apprentices we estimate to be across our sector workforce
- A combined export value of £36bn in 2022
- Contribution to the UK economy through Gross Value Add of an estimated £37bn in 2022
View the full article and publication here!