CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake.
Canterbury Earthquake
Manufacturing turns the corner in November – PMI
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.
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.
August sees small service sector improvement – PSI
Service sector activity improved slightly in August, with a seasonally adjusted PSI for August at 51.4.