Tag: new orders
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 manufacturing PMI enters contraction territory in March
Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020.
Australian manufacturing PMI sees stability amid improvement in new orders
Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders.
Eurozone Manufacturing PMI remains in contraction territory in January
The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December.
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.
US manufacturing sector sees fastest PMI deterioration in December
US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
Australian manufacturers’ economic outlook slumps in December
The outlook for Australia’s manufacturing sector has taken a dive in December following a sharp decrease in industry output, according to the latest Industrial Trends Survey conducted by Westpac and the Australian Chamber of Commerce and Industry (ACCI).
Australian PMI contracts to 44.7 in 2022’s final result
Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions.
Manufacturing surges at fastest pace in US despite COVID-19 woes
Amid concerns over COVID-19 in the US, economic activity in the American manufacturing sector ballooned in December as the economy entered its eighth consecutive...
Featured Article
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.
