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JP Morgan: Global manufacturing decline persists as new orders shrink for fourth month

The global manufacturing sector faced continued contraction in October, marking the fourth consecutive month of decline as the industry grapples with reduced new orders, job losses, and strained supply chains. 

Australian manufacturing struggles as new orders and production hit record lows – Judo Bank

Australia’s manufacturing sector continued to face significant challenges at the end of the third quarter of 2024, as revealed by the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

JP Morgan reveals global manufacturing output hits 22-month high in May

The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.

Global manufacturing sector maintains growth momentum in April – JP Morgan PMI

In April, the global manufacturing sector maintained its upward trajectory, driven by increased output and new orders, signalling sustained recovery, according to the latest data from the JP Morgan Global Manufacturing PMI.

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.

Contractionary conditions ease for Aussie industries in September – Ai Group

The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023. 

Australian industries see easing in supply chain pressures in August— Ai Group

Supply chain pressures continue to ease for Australia’s industrial sectors, with the Ai Group Industry Index posting an increase of 3.1 points in August to -11.6. 

China’s manufacturing PMI inches higher in August to 51.0

The Caixin China General Manufacturing PMI has increased from 49.2 in July to 51.0 in August, beyond the neutral 50.0 level, indicating a further improvement in the sector's health, which had improved in three of the previous four months. 

Craig International Ballistics secures $9.7m in new orders of body armour products

Craig International Ballistics (CIB), PPK Group Limited’s investee company, has secured $9.7 million in new orders from a military customer to supply a range of personal body armour products.

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.
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