Tag: Purchasing Manager’s Index

  • Australian Manufacturing PMI Grows in 2017

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    by

    Ray Keefe
    in

    Australian Manufacturing PMI The PMI, or Purchasing Manager’s Index, is a measure of whether a sector is growing or contracting. Growth is above 50 and contraction is below 50. So here is the last 12 months for Australian Manufacturing shown visually.     This is a continuing trend since mid 2015 and a really good…