Tag: economy
Australian manufacturing PMI reports continued contraction in November
Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
China’s manufacturing PMI signals deteriorating conditions in October
China’s manufacturing industry experienced a slight setback in October, with the latest Purchasing Managers’ Index (PMI) data from Caixin and S&P Global revealing deterioration in production as a result of slower sales.
Australian manufacturing PMI drops further in October – Judo Bank
Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Survey: Australian companies need to accelerate decarbonisation to boost economic competitiveness
New research from Schneider Electric has highlighted the urgent need for Australian businesses to boost their decarbonisation effort to bolster their economic competitiveness.
New Zealand manufacturing contracts further in September, says BusinessNZ
The manufacturing sector in New Zealand saw a deeper slide into contraction during September with the seasonally adjusted PMI valued at 45.3, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
Global manufacturing PMI remains in contraction in September— JP Morgan
The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.
New orders drag down Australian manufacturing PMI in September, says Judo Bank
Australia’s manufacturing industry continued to see deteriorating conditions in September amid a sharper decline in new orders, including from abroad.
New Zealand manufacturing PMI slips further in August, says BusinessNZ
New Zealand’s manufacturing industry continues to slip further into contraction in August, with the BusinessNZ Performance of Manufacturing Index (PMI) posting a 46.1 reading, down from July’s 46.6.
Tasmania committed to backing local manufacturing, defence industry— Minister Ogilvie
Minister for Advanced Manufacturing and Defence Industries Madeleine Ogilvie said the Tasmanian government is committed to supporting the local manufacturing and defence industry so businesses can cement their positions as world leaders.
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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.
