Tag: Inflation
Ai Group: Australian industry contracts for ninth straight month
The Ai Group’s newly launched Australian Industry Index has dropped 10.5 points to -11.6 points in December/January 2023, marking the industry’s ninth month of contraction since May 2022.
Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January
The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.
Small business optimism declines as expectations for better business conditions worsens in December
The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.
Featured Article
Modular switchgear built for faster, verified panel builds
As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.
