Monthly Change
BNZ is delighted to be associated with the Performance of Manufacturing Index (PMI) and BusinessNZ.
This association brings together the significant experience of leading business advocacy body BusinessNZ, and business finance specialist BNZ.
We look forward to continuing our association with BusinessNZ and associated regional organisations, and to playing our part in the ongoing development of the New Zealand manufacturing sector.
J.P. Morgan Global Manufacturing PMI™
The BNZ – BusinessNZ Performance of Manufacturing Index is a monthly survey of the manufacturing sector providing an early indicator of activity levels.
A PMI reading above 50 points indicates manufacturing activity is expanding; below 50 indicates it is contracting.
The main PMI and sub-index results are seasonally adjusted.
Mark Cox
Economist, BusinessNZ