By James Glynn SYDNEY - Activity in Australia's manufacturing sector remained in a downturn in July, but signs of stabilization are beginning to emerge, according to the latest PMI data from Judo Bank. Manufacturing PMI Sees Increase in July The headline seasonally adjusted Judo Bank Australia Manufacturing Purchasing Managers Index (PMI) stood at 49.6 in July, up from 48.2 in … [Read more...] about Activity in Australia’s Manufacturing Sector Shows Signs of Stabilization
PMI
U.S Recorded Manufacturing Sector Growth Despite Falls in PMI
U.S January PMI was 58.7%, down 1.8 percentage points from December’s 60.5% reading, according to the Institute for Supply Management press release. The PMI denotes expansion in the overall economy for the eighth month in a row after contractions in March, April, and May. January’s Prices Index was 82.1%, up 4.5 percentage points from December's reading of 77.6%The … [Read more...] about U.S Recorded Manufacturing Sector Growth Despite Falls in PMI
