Tag: Ai Group Australian Industry Index
Contractionary conditions ease for Aussie industries in September – Ai Group
The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.
Australian industry activity sees slower decline in May— Ai Group
The Ai Group’s Australian Industry Index has seen a moderated contraction in May 2023 and now stands at -10.9 points, up by 9.3 from April’s steep fall, signalling deteriorating conditions in the market and the 13th month the index has been in contraction.
Australian industry remains in contraction for a year— Ai Group
The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April.
Australian industry slips further into contraction over fall in new orders
The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors.
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Beyond Insights: Building trust into digital transformation technologies
Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.
