Market Brief
Australian Manufacturing Sector Shows Signs of Recovery Post-Pandemic, an Industrial Info Market Brief
According to recently released data, the Australian manufacturing is showing positive indication of growth.
Released Wednesday, July 08, 2020
According to recently released data, the Australian manufacturing is showing positive indication of growth. The value for the Purchasing Managers Index (PMI) stood at 51.2 compared to 49.8 in the previous month. A PMI value above 50 indicates prospects of growth. Industrial Info is tracking a total 1,575 Industrial Manufacturing plants with 4,923 functional management contacts in Australia. Click here for a list and see graph below for plant count by sector.
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