Employment activity reached its highest level as the manufacturing sector continued to show stronger expansion during October, with a seasonally adjusted PMI for October at 59.3.
Benchmarking
NZ good for business
The World Bank’s Doing Business survey of business regulations has again ranked New Zealand 2nd in the world for overall ease of doing business.
Moving on up – PSI
The services sector showed increased expansion during September, with a seasonally adjusted PSI for September at 58.0.
Rising stocks – PMI
The manufacturing sector experienced its fourth consecutive increase in expansion levels during September, with a seasonally adjusted PMI for September at 58.1.
On the job – PSI
The services sector continues to show solid expansion, with employment showing a sizeable lift, with a seasonally adjusted PSI for August at 57.9.
Awesome August – PMI
The manufacturing sector experienced its strongest level of activity for five months, with a seasonally adjusted PMI for August was 56.5.
Jump in July – PSI
The services sector showed an upswing in expansion during July, with a seasonally adjusted PSI for July at 58.4.
Stability continues – PMI
The manufacturing sector continues to show expansion at a moderate but consistent level, with a seasonally adjusted PMI for July at 53.0.
Holding the line – PSI
The services sector showed improved expansion levels in June, with a seasonally adjusted PSI for June at 54.7.
Staying the course – PMI
The manufacturing sector remains in expansion mode, despite some aspects of the results that need to be watched closely in the months ahead, with a seasonally adjusted PMI for June at 53.3.
Cold snap – PSI
Expansion in the services sector eased back during May, with a seasonally adjusted PSI for May at 54.2.
Middling May – PMI
Although still in positive territory, a second consecutive slowdown in expansion meant the manufacturing sector was at similar levels last seen over a year ago, with a seasonally adjusted PMI for May at 52.7.