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JP Morgan global manufacturing PMI dips to nine-month low

The JP Morgan Global Manufacturing PMI has reported a reading of 48.8 for September, indicating a deterioration in overall operating conditions for the third successive month. 

Australian manufacturing struggles as new orders and production hit record lows – Judo Bank

Australia’s manufacturing sector continued to face significant challenges at the end of the third quarter of 2024, as revealed by the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows

The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.