Australian Manufacturing PMI

It is official. For the past 3 months Australian Manufacturing has grown each month. This has been confirmed by both AMTIL and Manufacturers’ Monthly.

This is in spite of weak demand in the metals sector. It is good to see some resilience showing as the manufacturing sectors diversify.

Australian PMI for September 2015

Australian PMI

The primary data comes from the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). This is a numerical measure of manufacturing output and numbers above 50 indicate growth and numbers below 50 indicate decline. The primary reference link is Australian Economic Indicators.

So some good news for us all.

Successful Endeavours specialise in Electronics Design and Embedded Software Development. Ray Keefe has developed market leading electronics products in Australia for nearly 30 years. This post is Copyright © 2015 Successful Endeavours Pty Ltd.