Tag: Warren Hogan
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.
Aussie manufacturing PMI re-enters contractionary territory in February – Judo Bank
Market conditions in Australia’s manufacturing sector deteriorated in February due to sharper falls in output and volumes of outstanding business amid a quicker decline in new orders.
Australian manufacturing PMI shows signs of recovery in January – Judo Bank
Judo Bank's Australia Manufacturing Purchasing Manager’s Index (PMI) for January indicated a stabilisation in the country's manufacturing sector conditions at the beginning of 2024.
Australia’s private sector sees slower contraction in January, says Judo Bank
At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.
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.
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.
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.
Australian manufacturing PMI remains unchanged in August— Judo Bank
The Australian manufacturing sector continued to contract in August at a rate similar to July's, with the headline seasonally adjusted Judo Bank Australian Manufacturing PMI posting the same result of 49.6.
Australian private sector suffers first drop in new orders since March – Judo Bank
The Judo Bank Flash Australia Composite PMI Output Index posted below the 50.0 no-change mark in August, falling to 47.1 from 48.2 in July, as new orders dipped for the first time in five months.
Australian business activity slows in July with modest drop in new orders – Judo...
Business activity across Australian small and medium-sized enterprises (SMEs) has recorded another marginal decline as the seasonally adjusted Judo Bank Australia SME Business Activity Index fell to 49.1 in July, down from 49.6 in June.
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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.
