Tag Archives: PMI
Singapore’s PMI Moderate Growth, Index Hits 1.2-Year High
Singapore’s Manufacturing Sector: A Resilient Recovery and Soaring Confidence In the ever-evolving landscape of Singapore’s manufacturing sector, the latest data paints a promising picture of recovery and growth. The Purchasing Managers’ Index (PMI) for October 2023 inched up slightly to 50.2, marking the second consecutive month above the pivotal 50-point threshold. This upward trend signals […]
Employment Stays Viable as Australia’s Manufacturing Sector Remains Sluggish
Manufacturing PMI Hit Lowest Level in Six Months The Judo Bank Flash Australia Manufacturing PMI experienced a decline to 48 during the month of October 2023, down from 48.7 in the preceding month, according to preliminary data. This marks the eighth consecutive monthly decline in business conditions and represents the lowest reading in 6 months, […]
US PMI Improved, But Stagnant Inflation Loomed
US Manufacturing PMI Shows Improvement, but Stagnant Inflation Remains a Concern The ISM manufacturing purchasing managers’ index rose to 49 in September from 47.6 last month, well above market expectations of 47.8, reflecting the slowest contraction in the U.S. manufacturing industry in ten months. Even as the economic slowdown improved, data still showed U.S. factory […]
