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Showing 1 - 10 of 100+ results for "Services Index"

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... - from 49.3 in September, driven by gains in production, new orders, sales and exports. The AiG performance of services index also swung back into expansion territory in October to a reading of 51.4 - the highest since November 2019. According to AiG ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... recent surveys show there may be more where it came from. The Australian Industry Group's (AiG) performance of services index jumped to a reading of 52.5 in May from 46.5 in the previous month - representing a return to expansion following four straight ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... of 57.3 in November from 51.1 in the previous month for its 14th straight month of expansion. The performance of services index increased to 51.7 from 51.4 in October - the ninth consecutive month that it's been above the 50 expansion/contraction line. ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
... first monthly drop in production since August 2016." It was the same for service sector with the AiG performance of services index falling by 0.7 points to 51.4 in October as "sales dropped into negative territory in October with this sub-index decreasing ...

Profit margin squeeze

BENJAMIN ONG  |  THURSDAY, 5 OCT 2017
... ABS output volumes is likely in September 2017, but probably at a slower pace than in June." The performance of services index (PSI) declined to 52.1 in September from 53 in August. Though this is the lowest reading since May this year, it also marks ...

Australia construction activity eases contraction

BENJAMIN ONG  |  TUESDAY, 10 JAN 2017
... 54.4 reading in December with six of the seven sub-activity indices recording improvement. The AiG performance of services index surged to 57.7 in December - the highest level since May 2007 - from 51.1 in the previous month with all five-sub activity ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 6 DEC 2016
... wasn't as sharp as the 3.3 point increase in the manufacturing index to 54.2 in November, but the AiG performance of services index's 0.6 point rise to 51.1 continues the trend towards stronger expansion seen in manufacturing. New orders (54.0 in November ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 NOV 2016
... index increased to a reading of 50.9 in October from 49.9 in September and 46.9 in August. The AiG performance of services index rose to a reading of 50.5 in October from 48.9 in September and 55.0 in August. Japan trade balance A magnitude 7.3 earthquake ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 8 NOV 2016
... This compares with AiG's performance of manufacturing index that rose to 50.9 from 49.8 and the AiG performance of services index that also moved into expansion territory to 50.5 in October from 48.9 in September. Across the construction index's four ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2016
... of services Similar to indications in its September performance of manufacturing survey, the AiG performance of services index improved to 48.9 in September from a reading of 45.0 in the previous month - indicating that Australia's services sector remains ...
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