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Showing 1 - 10 of 98 results for "Performance of Manufacturing Index"

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... 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 indicating expansion. All ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... provide a snapshot of the country's manufacturing, services and construction sectors. The AiG performance of manufacturing index jumped to 56.3 in October - the first reading indicating expansion in three months - from 49.3 in September, driven by ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... Scott's announcement came at the same time as the Australian Industry Group's (AiG) performance of manufacturing index dropped back to 46.7 points in September, with the indicative contraction deepening from 49.3 in the previous month as " 'Stage ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... month - representing a return to expansion following four straight months of contraction. While performance of manufacturing index slowed to 52.7 from 54.8 in April, it remains in expansionary territory (for the fifth straight month), with five of the ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... 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 sector. More ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... performance indices offer good tidings, i.e. further improvement in the labour market. The AiG performance of manufacturing index jumped to a reading of 57.3 in November from 51.1 in the previous month for its 14th straight month of expansion. The performance ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
... and business confidence remaining above its long-term average (+8 versus +6). The latest AiG performance of manufacturing index's sharp reversal to a reading of 57.3 in November from 51.1 in the previous month also fits with the optimism over the outlook ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
... Industry Group (AiG) in the same month. Instead, while it remained at expansion levels, the AiG performance of manufacturing index declined to 51.1 points in October - the lowest level this year - from 54.2 in the previous month as the "production sub-index ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... surveys is any indication, it'll be more of the same, if not worse, in the coming months. The AiG performance of manufacturing index fell to 51.1 in October, still indicating expansion but decelerating from 54.2 in September and 59.8 in August. The narrative's ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
... appropriate over the coming months in order to return inflation sustainably to target." The AiG performance of manufacturing index showed activity in Australia's manufacturing sector eased to a reading of 54.2 in September from 59.8 in August. It might ...
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