November finally saw manufacturing turn the corner with modest expansion in all regions and in all the indices measured, with a seasonally adjusted PMI for November at 52.7.
Christchurch Rebuild
Service sector keeps its head above water – PSI
Despite a dip in expansion, the service sector activity continued to keep its head above water, with a seasonally adjusted PSI for October at 52.0.
Manufacturing still flat in October, though small green shoots – PMI
October saw little change from September, as the sector remains fairly static and still not quite able to get into expansionary territory, with a seasonally adjusted PMI for September at 49.7.
Manufacturing shows no spring in step for September – PMI
September saw little change from August regarding activity in manufacturing, as the sector remains flat and unable to expand, with a seasonally adjusted PMI for September at 49.2.