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Showing 1 - 10 of 48 results for %22AiG Performance of Manufacturing Index%22

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: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... well as resources technologies. Great 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 ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... market in Australian equities, 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 ...

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: 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 ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... of the working population, lifting household spending and aiding in the reduction of household debt. The latest AiG performance indices offer good tidings, i.e. further improvement in the labour market. The AiG performance of manufacturing index jumped ...
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