New Zealand’s Performance of Manufacturing Index (PMI) continues to show a concerning trend with the sector now in contraction for 15 consecutive months

New Zealand’s Performance of Manufacturing Index (PMI) continues to show a concerning trend with the sector now in contraction for 15 consecutive months
The March PMI result dipped after improving the month before, dropping 2 points to 47.1 – a strong contraction that keeps the index well below positive territory.
The year is moving quickly and activity is picking up in our sector!
Those hoping for a more optimistic start to the year, will be disappointed with the recent PMI (Performance of Manufacturing Index) results announced last week.
Another month brings about another decline in the Performance of Manufacturing Index, showing that manufacturers continue to do it tough in the current business environment.
Amidst the challenges that New Zealand manufacturers are currently facing, it's important to acknowledge the resilience and innovation that continue to shine through.
In this months newsletter, it is your last opportunity to register for the ExportNZ All of Government Roadshow. This free series of events kicked off this week and has had great feedback so far, is designed to give exporters and businesses the opportunity to hear from...
In this months newsletter, you can register for the ExportNZ All of Government Roadshow. This free series of events is designed to give exporters and businesses the opportunity to hear from our partners about how they are supporting exporters and give you the space to...
This month we delve into the latest Performance Manufacturing Index (PMI) figures, providing you with an analysis of the industry's performance and trends, as well as looking at these comparatively to our trading partners.
We continue to support our manufacturers and wider-BusinessNZ members affected by Cyclone Gabrielle and the recent flooding in any way we can.
I hope you all had a fantastic start to 2023. We are in for a big year, and with an election nearing, we will be taking the opportunity to engage with you all in person to hear your views and develop our election manifesto, so keep an eye out for more details.
New Zealand Manufacturers have shown great resilience over the last three years, working through some very difficult challenges because of the pandemic. Despite a difficult operating environment, we see the wonderful, innovative and customer tailored solutions that...