Depending on how full your glass is, the latest production figures showed a positive stride between February and March with Manufacturing rising by 0.9% from the previous month, year on year the figures do not make great reading with a fall in Production of 2.6% compared with March 2011.

The ONS Headlines:
The seasonally adjusted Index of Production fell by 2.6 per cent in March 2012 compared with March 2011
The seasonally adjusted Index of Manufacturing fell by 0.9 per cent in March 2012 compared with March 2011
The seasonally adjusted Index of Production fell by 0.3 per cent between February 2012 and March 2012
The seasonally adjusted Index of Manufacturing rose by 0.9 per cent between February 2012 and March 2012

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