AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
CONDITIONS IN AUSTRALIA'S MANUFACTURING INDUSTRY SLIP IN FEB.
SYDNEY, Mar 1 Asia Pulse - Conditions in Australia's manufacturing industry slipped last month after production and employment both weakened driven by large falls in new orders, exports and inventories.
The Australian Industry Group-PricewaterhouseCoopers (PwC) performance of manufacturing index (PMI) eased 3.5 points to a seasonally adjusted 46.7 points in February, from an adjusted 50.2 in January.
Readings above 50 points indicate that manufacturing is generally expanding, while readings below 50 indicate it is contracting.
The disappointing February result follows readings of over 50 in both January and December, the first consecutive months of expanding activity since mid-2005.
Across manufacturing, sharp falls in new orders, exports and inventories drove a weakening in both production and employment during February, the index found.
New orders fell to the lowest reading since August 2005, while employment fell for the eighth consecutive month.
Input costs also increased at the fastest rate in three months while the level of supplier deliveries was unchanged.
- Coach Industries Group Announces $3 Million in New Orders; Company Cites...
- Press release article from: Business Wire November 21, 2003 700+ words
...automotive and limousine manufacturing industry, announced today it has recently received new orders for limousines totaling...million. The Company's new orders were evenly split between...1.5 million in new orders for premium limousines...
- Multimedia Available: Coach Industries Group Announces $3 Million in New Orders.
- Press release article from: Business Wire November 21, 2003 700+ words
...a diversified holding company focused on the luxury automotive and limousine manufacturing industry, announced today it has recently received new orders for limousines totaling approximately $3 million. Based on current order flow and...
- Speaker Hastert Welcomes the Growth of Manufacturing Industry in March.
- News wire article from: The America's Intelligence Wire April 1, 2004 700+ words
...welcomed the reported economic surge in the manufacturing industry. The Institute for Supply Management...that for a 10th straight month, the manufacturing industry is growing due to new orders and increased production. More importantly...
- U.S. Manufacturers Optimistic about Production and New Orders.
- Press release article from: Business Wire August 5, 1999 700+ words
...decrease in production, new orders, etc., from those...month. Production and New Orders Expected to Show Gains...The July D&B manufacturing industry survey reflected a...The Production and New Orders Indexes, climbing...
- April Manufacturing ISM Report On Business[R]; PMI at 40.1%; New Orders,...
- Press release article from: Business Wire May 1, 2009 700+ words
...PMI, driven by the New Orders Index at 47.2 percent...INDUSTRY The only manufacturing industry reporting growth in...trouble getting cash for new orders, even though they...TABLE OMITTED] New Orders ISM's New Orders...
- Manufacturers Cautiously Optimistic about Growth in Production and New Orders...
- Press release article from: Business Wire January 6, 2000 700+ words
...indexes: production, new orders, unfilled orders...decrease in production, new orders, etc., from those...December D&B manufacturing industry indexes measuring expectations...points to 38. The New Orders Index added three points...
- NMI (Non-Manufacturing Index) at 41.6%; February Non-Manufacturing ISM Report...
- Press release article from: Business Wire March 4, 2009 700+ words
...2 percent. The New Orders Index decreased 0...the NMI, one non-manufacturing industry reported growth in...largest barrier for new orders." (Construction...Business Activity, New Orders, Prices and Employment...
- NMI (Non-Manufacturing Index) at 40.6%; December Non-Manufacturing ISM Report...
- Press release article from: Business Wire January 6, 2009 700+ words
...6 percent. The New Orders Index increased 4...the NMI, one non-manufacturing industry reported growth in...Business Activity, New Orders, Prices and Employment...seasonally adjusted for New Orders, Production, Employment...
- NMI (Non-Manufacturing Index) at 40.8%;March Non-Manufacturing ISM Report On...
- Press release article from: Business Wire April 3, 2009 700+ words
...points to 44.1 percent. The New Orders Index decreased 1.9 percentage...According to the NMI, one non-manufacturing industry reported growth in March...adjusted for Business Activity, New Orders, Prices and Employment...is seasonally adjusted for New Orders, Production, ...
- Export and new orders boost sees industry surge ahead.
- News wire article from: Europe Intelligence Wire June 2, 2006 700+ words
...a measure of the economic health of manufacturing industry, posted a reading of 55.1, well...rates of growth of both output and new orders, particularly on the export front...recorded a strong rise in volumes of new orders in May. The level of new work was...
Source: HighBeam Research, CONDITIONS IN AUSTRALIA'S MANUFACTURING INDUSTRY SLIP IN FEB.