Categories
Economy

Manufacturing at Record Low

Australia’s manufacturing sector is declining at a record rate.

Categories
Economy

Manufacturing Falls Again

Manufacturing is continuing to decline.

Categories
Recession

Manufacturing Sector Declines

The manufacturing sector is declining and in the worst position in three years.

Categories
Economy Recession

Business Investment Declines

Business investment declines counter to all desires of the RBA.

Categories
Economy

Holden Workers Struggle To Find Work

Holden workers struggle to find work years after industry closure.

Categories
Economy Recession

US Manufacturing Orders Fall

#Economy #Recession #HeiseSays US Manufacturing orders fall while the S&P 500 reaches an all-time high. References Wall Street closing at a record-high prompts warnings that it could be another false dawnhttps://mobile.abc.net.au/news/2019-11-03/green-shoots-emerge-global-economy-not-for-first-time/11664014

Categories
Economy

Australia the Innovation Nation

Australia #Technology #HeiseSays Australia claims to be an innovative nation while having a very primitive economy. References Is Australia an innovation nation or beneficiary of dumb luck? https://mobile.abc.net.au/news/2019-11-02/australia-rich-and-dumb-or-an-innovation-nation/11657984?section=business

Categories
Economy

Germany’s Manufacturing Recession

#Germany #Recession #Manufacturing Germany’s manufacturing sector is in recession. References ASX to fall, European stocks fall as German manufacturing recession deepens https://www.abc.net.au/news/2019-09-24/wall-street-european-markets-germany-manufacturing-recession/11541368?section=business

Categories
Economy

Australian Manufacturing Slowdown

#Recession #Manufacturing #Australia The Commonwealth Bank Manufacturing PMI is showing that Australia’s manufacturing sector continues to slow down. Not a good sign. https://youtu.be/7SgKDKXmHYs References Manufacturing slowdown continues in Augusthttps://www.commbank.com.au/content/dam/commbank/assets/corporate/research/pmi/manufacturing_pmi-aug-2019.pdf

Categories
Economy

Nissan Cuts 10,000 Jobs

#Nissan #Recession #Manufacturing Nissan has cut globally cut 10,000 jobs. Another sign of global manufacturing slowing down which will have an understandable impact on the Australian economy. References Nissan to Deepen Job Cuts to 10,000 Worldwide, Kyodo Sayshttps://www.bloomberg.com/news/articles/2019-07-23/nissan-to-cut-an-additional-5-200-jobs-globally-kyodo-reports