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Showing 151 - 160 of 1540 results for "manufacturing"

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... year earlier, as steel mills increased production in expectation of more robust demand from the construction and manufacturing sectors." "Average daily output stood at 2.97 million tonnes, up from 2.94 million tonnes in December and compared with a daily ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... reading of 62.2 in April - an all-time high - from March's final reading of 59.7, with activity in both the manufacturing (60.6) and services sectors (63.1) ramping up to their highest levels on record. The IHS Markit flash Eurozone Composite PMI ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... from its December 2020 forecast. Because of the red metal's copious and pervasive use in industries - from car manufacturing to electrical goods to construction to solar panels, etc. - the uplift in global economic growth should, in turn, lift demand ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... rose to a reading of 55.5 in March (from 53.7 in February); the services PMI increased to 55.5 (from 53.4); the manufacturing PMI marked its 10th straight month of expansion with a reading of 56.8 in March. Markit Economics' PMI survey is consistent ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... and continued support from the government - driving consumer confidence and the services sector (as well as the Manufacturing PMI which rose to a 38-month high reading of 64.7 in March) were behind the continued improvement in the US labour market. The ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
Activity in China's manufacturing and non-manufacturing sectors returned with a vengeance after a brief pause during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... at 48.3, the March preliminary estimate improved only marginally from February's final reading of 48.2. The manufacturing sector expanded for a second month to a flash reading of 52.0 in March from 51.4 in the previous month but the services PMI ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... it proceeds onwards with its industrialisation and urbanisation. While the Caixin China PMI surveys - composite, manufacturing, services - slowed in February 2021 - they remain at levels indicating continued expansion. Moreover, ""Optimism regarding ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... 80-month high of 60.0 points boosted by "stronger client demand and looser coronavirus disease 2019 restrictions". The manufacturing PMI rose to a two-month high reading of 59.0 due to higher client demand. But as Markit notes: "Producers were increasingly ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... registered its third straight month of decline to a reading of 51.7 in February as "demand and supply in both the manufacturing and services sectors improved at a slower pace". The services PMI eased for the third month in a row to a reading of 51.5 ...