Tag: Judo Bank
Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank
Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
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.
Australian manufacturing PMI indicates stabilisation in July— Judo Bank
Australia’s manufacturing sector has seen signs of stabilisation in July but remained in a downturn, according to the latest Purchasing Manager’s Index (PMI) report from Judo Bank.
Australian private sector dips for the first time since March— Judo Bank PMI report
Business activity in Australia’s private sector fell for the first time in four months, with Judo Bank’s latest Flash Australia Composite PMI report dropping to 48.3 from June’s 50.1.
Australian manufacturing sees continued downturn in June— Judo Bank
Australia’s manufacturing sector has continued to see a decline in June as a sharper contraction in new orders drags production levels at the end of the second quarter of 2023.
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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.
