Tag: March
Labour productivity growth halts in latest quarterly report
The latest productivity bulletin from the Productivity Commission has revealed that labour productivity stagnated in the March quarter, with a 0.1 per cent increase in output matched by a similar rise in hours worked.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
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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.
