Manufacturing activity bounced back from April’s dip to show strong expansion for the current month, with a seasonally adjusted PMI for May at 55.7.
Benchmarking
Marching in the right step – PSI
The service sector in April displayed further signs of expansion, with a seasonally adjusted PSI for April at 56.7.
Autumn blues – PMI
Manufacturing activity dropped back into contraction after four months of expansion, with a seasonally adjusted PMI for April at 48.0.
Solid service sector activity continues – PSI
The service sector continued to show healthy signs of expansion in 2012, with a seasonally adjusted PSI for March at 53.9.
Holding its own – PMI
Manufacturing activity continued to show healthy levels of expansion, with a seasonally adjusted PMI for March at 54.5.
Economic outlook improving slowly
A slowly stabilising global economy and positive levels of activity in New Zealand agricultural exports indicate slightly better economic prospects, according to the BusinessNZ Planning Forecast for the March quarter 2012.
Building momentum – PSI
The service sector showed further momentum with a healthy February result, with the seasonally adjusted PSI for February at 55.5.
Turning the corner? – PMI
Manufacturing activity experienced a sizeable lift in activity for February, with a seasonally adjusted PMI for February was 57.7.
Sun shines on service sector – PSI
The service sector showed stronger expansion to start the year, with a seasonally adjusted PSI for January at 53.6.
The tale of two manufacturers – PMI
Manufacturing activity remained in expansion but clear division lines are drawn,with a seasonally adjusted PMI for January at 50.5.
Service sector crease bound? – PSI
The service sector returned to a more subdued level of expansion in December, with the seasonally adjusted PSI for December at 50.6.
Brighter end to the year for manufacturers – PMI
Manufacturing activity improved enough over December to be back in positive territory, with a seasonally adjusted PMI for December at 51.9.