Tag: private sector
Australia’s private sector sees slower contraction in January, says Judo Bank
At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.
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 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 private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.
US private sector’s output drives fastest uptick in business activity in a year
The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase.
Australian private sector activity dragged down by low business activity in March
Australian private sector’s output slumped in March following a deterioration in demand conditions that led to lower business activity.
Australia’s annual wage growth hits record high
The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.
Job vacancies in Australia decrease but remain high at end of 2022
Job vacancies decreased by 5 per cent in November 2022, declining by over 23,000 from August’s result, according to the latest report from the Australian Bureau of Statistics.
Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
Featured Article
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.
