The month of March finished off a healthy quarter of growth for New Zealand’s manufacturing sector with a seasonally adjusted PMI for March at 53.4.
Manufacturing
Building momentum – PMI
NZ’s manufacturing sector continued to show upwards momentum since the start of 2013 with a seasonally adjusted PMI for February at 56.3.
Callaghan Innovation a positive change
New Crown Entity aiming to increase investment in research to grow more innovative exports should ensure it is focused on business needs.
BusinessNZ welcomes moves to make procurement more accessible to Kiwi manufacturers
Plans by the Government to make it easier for local firms to participate in Government tenders are welcome.
Back in black – PMI
NZ’s manufacturing sector started 2013 with an encouraging result. The seasonally adjusted PMI for January was 55.2.
Flat end to manufacturing year – PMI
NZ’s manufacturing sector year ended with a flat result with a seasonally adjusted PMI for December at 50.1.
More of the same – PMI
NZ’s manufacturing sector continues to meander along in a tight band as we head towards the end of 2012. The seasonally adjusted PMI for November was 48.8.
Holding on – PMI
NZ’s manufacturing sector returned to a minor level of expansion in October, although the sector remains in a flat state. The seasonally adjusted PMI for October was 50.5.
Stuck in a rut – PMI
Despite a slight improvement from the previous month, NZ’s manufacturing sector remained stubbornly in contraction during September, with a seasonally adjusted PMI for September at 48.2.
August angst – PMI
NZ’s manufacturing sector fell further in contraction during August, with a seasonally adjusted PMI for August at 47.2.
Culture of innovation needed
A culture of innovation is needed to catapult NZ’s economic performance, says BusinessNZ.
Neither here nor there – PMI
NZ’s manufacturing sector remains largely in a holding pattern, with a seasonally adjusted PMI for July at 49.4.