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Financial News: Australia Manufacturing Sector Picks Up Steam - AiG

Australia Manufacturing Sector Picks Up Steam - AiG

07/02/2017 - 19:51:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in June, and at a faster rate, the latest survey from the Australian Industry Group revealed with a Performance of Manufacturing Index score of 55.0.

That's up from 54.8 in May, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

In all, the sector has expanded in nine straight months.

Individually, new orders, sales, supplier deliveries and exports all continued to expand in June.

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