Tag: composite index
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.
Global Manufacturing PMI’s decline eases in January— JP Morgan
Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating.
Lower Australian dollar gives impetus to industry
Rising building activity and a sustained depreciation in the Australian dollar has provided Australian manufacturing with a much needed boost after years of being...
Australian manufacturing loses post-election momentum
The Australian manufacturing sector has lost its post-election momentum as business conditions contracted in the first three months of this year and may continue...
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Beyond insights: How CRM solutions are transforming the manufacturing industry
The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.
