Heise Says
#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
#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
#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
#AusPOL #Recession #Crash 8 out of 10 jobs in the last year were created in the Public Sector. Surely a sign that everything is fine with the economy and that the Public Sector will save us all. References Public sector propping up employment and the economy, analysts say https://www.abc.net.au/news/2019-07-23/jobs-growth-dominated-by-public-sector/11334294?section=business
#Manufacturing #Recession #Crash Global Manufacturing is crashing, with the German sector already in recession. Let’s look at the impact on the Australia economy. References Manufacturing is in retreat, threatening to take the global economy down with it https://www.abc.net.au/news/2019-07-21/manufacturing-retreats-threatening-to-take-global-economy-down/11325860?section=business