New Zealand’s manufacturing sector recorded its 11th consecutive month in expansion as activity in the sector rose during October, with a seasonally adjusted PMI for October at 55.7.
Manufacturing
NZ Made food and drink the big winners at People’s Choice Awards
The overall winners of the Buy NZ Made People’s Choice Awards, in association with TSB Bank have been announced at SKYCITY Auckland this evening.
Standards system improvements on the right track
BusinessNZ says many of the changes to New Zealand’s system of standards proposed today by the Government are on the right track, but it will be important that the standard setting process remains demonstrably independent of government and regulatory control.
New orders keep manufacturing on track – PMI
Continued high levels of new orders ensured the manufacturing sector remained in expansion, with a seasonally adjusted PMI for September at 54.3.
A strong response from NZ businesses
An excellent response from New Zealand businesses has resulted in more than 180 products being nominated for Buy NZ Made’s first ever “People’s Choice Awards”.
Tail wind continues – PMI
Manufacturing activity continues to push forward with another healthy month of expansion for August, with a seasonally adjusted PMI for August at 57.5.
Trend setter – PMI
Manufacturing activity for July continued the trend of healthy expansion in the sector, with a seasonally adjusted PMI for July at 59.5.
Solid first half performance – PMI
Results for the month of June confirm a solid and expansionary first half of the year for the manufacturing sector, with a seasonally adjusted PMI for June at 54.7.
Brighter horizons – PSI
Service sector expansion for May continued a solid run of recent expansion with a seasonally adjusted PSI for May at 56.2.
Magic May – PMI
The manufacturing sector recorded its highest level of activity for almost nine years with a seasonally adjusted PMI for May at 59.2.
New order momentum – PMI
Continued momentum for new orders in the manufacturing sector contributed to a lift in the sector’s expansion rate. The seasonally adjusted PMI for April was 54.5.
New procurement rules for Government spending welcome
Moves by the Government to develop more user friendly procurement rules that will encourage greater local industry participation in government tenders is long overdue and very welcome.