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Showing 1 - 10 of 37 results for "AiG Performance"

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... (2.6%), Canberra (2.4%), Brisbane (1.9%), Adelaide (1.6%), Melbourne (1.5%), Darwin (0.8%) and Perth (0.2%). The AiG Performance of Manufacturing index rose to a new series high of 63.2 points in June for its ninth straight month of above-50 reading ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... Economics' PMI survey is consistent with the findings of the Australian Industry Group (AiG) surveys. The AiG performance of manufacturing and services indices rose to three-year high readings of 59.9 and 58.7, respectively in March, while its performance ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... continued job retrenchment albeit, at a slower pace. Before this, the letter V had already been spotted in the AiG Performance indices. The Australian Industry Group's (AiG) performance indices provide a snapshot of the country's manufacturing ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... industry index dropped to 36.2 from 42.5 in August, again due to the re-imposition of restrictions in Melbourne. The AiG performance of construction index improved (but remained at a level indicating contraction) to 45.2 in September from 37.9 in the ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... finding a job as they want but businesses are the ones doing the hiring. Not only this, the employment components of AiG performance of industry indices point to further labour market weakness - manufacturing employment down 5.1 points to a reading of ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... Indications from more recent activity data - business conditions and confidence, consumer confidence and spending, the AiG performance of construction index, among others - are equally foreboding. So is the fast accelerating momentum in the decline in ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... prophecy. Other indicators are equally negative - HIA new home sales dropped by 12.2% in the year to November; AiG performance of construction index dug deeper into construction territory (42.6) in November; and, despite the better-than expected November ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... indicators - building approvals dropped by 13.4% in the year to October (from 12.8% in the previous month) and the AiG performance of construction index dropping further into contraction territory to 44.5 in November. According to AiG, "House building ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... There's more coming if AiG's latest survey on Australia's construction industry is any guide. The AiG Performance of Manufacturing Index fell by 2.9 points to a reading of 46.4 in October - the second consecutive month of contraction in this ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
... indicating that discouraged workers are returning to the workforce optimistic of finding employment. The lead from the AiG performance indices indicate that although the pace of expansion in the manufacturing sector - down to 57.5 in February from 58.7 ...
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