Nikkei Malaysia Manufacturing PMI falls to 49.9 in Feb
Tempe, AZ, March 1, 2018-The February Purchasing Manager's Index (PMI) registered 60.8%, an increase of 1.7 percentage points from the January reading of 59.1%, according to the latest Manufacturing ISM Report On Business.
Wage growth in Australia remains at historically weak levels, and Ai Group's measure of wages in the manufacturing sector has fallen to its lowest point since July. "This all suggests that, although the rapid growth in manufacturing output seen at the end of past year may not be sustained, prospects for the sector over the months ahead remain bright".
Trump's economic vision also entailed infrastructure investments, something Moutray said was necessary to sustain the manufacturing sector's momentum. New orders and production expanded in February but at a slightly slower rate than in January. "The PMI at 60.8 is the highest level of expansion seen since May 2004, when it reached 61.4".
The New Orders Index decreased 1.2 points to 64.2 in February, indicating growth for the twenty-sixth consecutive month.
"Participants reported improved exports to the United States and Asia in February". "Inventory growth is a direct result of increased production demand supporting new order inputs".
Vrindavan Holi Celebration 2018 With Holi Songs Festival Of Colors Mathura
The festival brought joy to Thar, which is otherwise pressed under the debris of crises such as starvation , drought any Ranikhet. Massage your hair well with oil before you get down to playing Holi to prevent chemicals from seeping down to your scalp.
Eurozone unemployment holds at lowest level since Dec 2008
BoJ officials have said that any changes to bond-buying operations are fine tuning and not meant as hints to future policy. But the jury is still out on whether the dollar is enjoying only a temporary bounce amid a prolonged period of weakness.
Karti Chidambaram to remain in CBI custody till March 6
He quoted in his submissions that CBI has not issued him summons in the last six months, after which an arrest was suddenly made. The BJP spokesperson Gaurav Bhatia tweeted: "The INC has nothing to say on merits when it comes to Karti Chidambaram's arrest".
Many manufacturers are now looking to employ more staff but are finding it hard to find skilled workers for their locations and/or specialisations, so now is a good time to start training.
Fiore, chair of the ISM, said: "This indicates growth in manufacturing for the 18th consecutive month at strong levels led by continued expansion in new orders, production activity, employment and inventories, with suppliers continuing to struggle delivering to demand".
Only two sub-industries reported contraction, despite broad trends of manufacturers continuing to report high energy costs eating into margins.
Following the release of the Ai Group's manufacturing PMI, markets will receive separate reports on the performance of Australia's services and construction sectors - far larger sectors within the Australian economy - in February early next week.
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