Tag: PMI readings
Manufacturing and services sectors end 2018 in expansion territory
Growth was maintained in the Australian private sector during December, even though the headline index dropped to 52.4 for the month from 53.9 in...
CBA Manufacturing PMI indicates solid improvement in September
The CBA Manufacturing PMI rose from 53.2 in August to 54.0 in September, indicating something of a recovery from recent lows.
Although the September PMI...
CBA Manufacturing PMI indicates mild expansion in August
CBA's Manufacturing Purchasing Managers' Index (PMI) for August has shown that Australia's good-producing economy continued to expand, albeit at a slower pace by historical...
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Reality check: Aussie factories’ journey to responsible AI implementation
Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.
