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Australia’s manufacturing sector contracts for seventh month despite export gains – Judo Bank

Australia's manufacturing sector remained under pressure midway through the third quarter of 2024, with the latest Purchasing Manager’s Index (PMI) data from Judo Bank indicating ongoing deterioration in sector conditions. 

Judo Bank PMI: Manufacturing employment declines as new orders fall

Australia’s manufacturing sector conditions further deteriorated at the start of the second half of 2024, according to the latest PMI data from Judo Bank. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.