Catherine Beard joins BusinessNZ today to head up its ExportNZ & Manufacturing sectors.
Catherine Beard joins BusinessNZ today to head up its ExportNZ & Manufacturing sectors.
Manufacturing activity ended the year on a positive note, with expansion small but steady, with a seasonally adjusted PMI for December at 52.9.
Manufacturing activity showed expansion for the third consecutive month, providing a solid if unspectacular end to 2009, with a seasonally adjusted PMI for November at 51.8.
Expansion dipped in October after gradual improvements in activity during the second half of 2009, with a seasonally adjusted PMI for October at 50.6.
Expansion across most sub-indices meant overall manufacturing expanded for the first time since April 2008, with a seasonally adjusted PMI for September at 51.7.
A lower result for both production and new orders meant activity fell back for August, with a seasonally adjusted PMI for August at 48.7.
A positive result for both production and new orders helped push manufacturing activity further out of the doldrums in July, with a seasonally adjusted PMI for July at 49.7.
Manufacturing activity continued to climb out of the depths of contraction with the highest overall activity level in nine months, with a seasonally adjusted PMI for June at 46.2.
Envirostep – a business environmental assessment tool launched today by Commerce Minister Simon Power – comes at an opportune time for business.
Although manufacturing activity experienced a slightly larger decrease in activity in May, the sector generally remains in a tight band of performance since the start of the year, with a seasonally adjusted PMI for May at 42.7.
Manufacturing had its second consecutive improvement in April, although the sector continues to remain in contraction, with a seasonally adjusted PMI for April at 43.7.
Manufacturing activity was still contracting during March, with a seasonally adjusted PMI for March at 40.7.