Tag: May
Manufacturing output falls back into contraction in May – JP Morgan
Global manufacturing output declined in May, according to the latest JP Morgan Global Manufacturing PMI survey, signalling a renewed contraction in factory activity amid weakening demand and falling export orders.
S&P Global: Manufacturing grows at slower pace in May
Australia’s manufacturing sector expanded for a fifth consecutive month in May, though at a slower pace, with the PMI easing to 51.0 from 51.7 in April, according to S&P Global.
JP Morgan reveals global manufacturing output hits 22-month high in May
The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
