Tag: manufacturing sectors
Australian PMI: manufacturing sector sees ‘weakening conditions’ in October
The Australian PMI has further dropped to 49.6 points in October, marking the third month of the market’s flat conditions.
Australia’s manufacturing sector broadly stable in November, according to survey
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) dropped by 4.2 points to 52.1 in November, indicating expanding conditions albeit at...
Manufacturing suffers worst slump in three years, according to report
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) has posted its lowest reading since August 2016, having slipped by 3.5 points to...
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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.
