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Tag Archives: manufacturing

Lt. Gov. Tina Smith visits Merrifield to talk about industrial sector

ROBOTIC MANUFACTURING

DUBLIN: Lt. Gov. Tina Smith visited Merrifield to talk about an industrial sector that employs roughly 2,400 people in the Brainerd lakes area manufacturing. Smith spoke during Lakes Area Manufacturing Breakfast at Clow Stamping, which drew local government officials, business executives and legislators. Gov. Mark Dayton declared the week of Oct. 1-10 “Minnesota Manufacturers Week.” Smith’s remarks to the gathering ... Read More »

Global markets turmoil hitting Northern Ireland manufacturing

ROBOTIC MANUFACTURING

DUBLIN: The “rollercoaster” of global equity markets last month took their toll on Northern Ireland’s manufacturers, the Ulster Bank purchasing managers’ index said today. Turbulence in China’s economy, exacerbated by its decision to devalue its currency, had contributed to a slowdown in manufacturing output, new orders and job creation. But overall, the PMI said there had been slight growth of ... Read More »

UK manufacturing hit by turmoil in China

manufacturing

LONDON: The economic downturn in China has compounded pressures on UK manufacturers and hit their output and exports, a leading business group will warn on Monday as it slashes its outlook for the sector. Sales to the domestic consumer market and booming car production have not been enough to make up for a drop in overseas demand, says the manufacturers’ ... Read More »

Dutch manufacturing activity grows for 25th straight month in July

China manufacturing

AMSTERDAM: Dutch manufacturing activity expanded for the 25th straight month in July, and output grew at the fastest rate in 19 months, index provider Markit said on Monday. The seasonally adjusted NEVI Purchasing Managers’ Index, designed to give a snapshot of the manufacturing sector’s performance, slipped to 56.0 from June’s one-and-a-half year high of 56.2. Markit that demand conditions were ... Read More »

South African manufacturing production drops by 1.4% in May 2015

manufacturing

CAPE TOWN: Manufacturing production fell for the second consecutive month as business activity remained under pressure. Output declined by 1.4% in May 2015 compared with May 2014, after falling by 2.1% in April. Barclays said in a research note earlier that while these data releases were often an important indication of the direction and magnitude of overall gross domestic product ... Read More »

Finland’s manufacturing product prices down by 0.6% in May 2015

INDUSTRY

HELSINKI: Producer prices for manufactured products fell by an average of 0.6 per cent in May 2015 from the corresponding period of the year before, according to Statistics Finland. The producer prices for manufactured products sold on the domestic market went down by 1.2 per cent, while the producer prices of export products went up by 0.2 per cent. Producer ... Read More »

Finland’s manufacturing product prices down by 0.6% in May 2015

INDUSTRY

HELSINKI: Producer prices for manufactured products fell by an average of 0.6 per cent in May 2015 from the corresponding period of the year before, according to Statistics Finland. The producer prices for manufactured products sold on the domestic market went down by 1.2 per cent, while the producer prices of export products went up by 0.2 per cent. Producer ... Read More »

Finland’s new orders in manufacturing up by 2.1% in April 2015

manufacturing

HELSINKI: Statistics Finland shows that the annual new orders in manufacturing 2015, April up by 2.1%. The value of new orders in manufacturing was 2.1 per cent higher in April 2015 than twelve months earlier, according to Statistics Finland. The orders grew by 2.3 per cent year-on-year during January to April. Enterprises received more orders than twelve months ago in ... Read More »

South African manufacturing production declines by 2% in April 2015

manufacturing1

CAPE TOWN: Manufacturing production fell in April compared with a year ago, indicating a weak start to economic growth in the second quarter. Manufacturing production decreased 2% year on year in April after increasing 4% year on year in March, a 0.3% year-on-year decline in February and a 2.4% contraction in January, Statistics SA data showed on Thursday. The decline ... Read More »

South African manufacturing production declines by 2% YoY in April 2015

development

CAPE TOWN: Manufacturing production fell in April compared with a year ago, indicating a weak start to economic growth in the second quarter. Manufacturing production decreased 2% year on year in April after increasing 4% year on year in March, a 0.3% year-on-year decline in February and a 2.4% contraction in January, Statistics SA data showed on Thursday. The decline ... Read More »

Polish manufacturing index fall 1.3pts to 52.4 pts in May

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WARSAW: Poland’s manufacturing sector purchasing managers’ index PMI, a gauge of manufacturing, fell by 1.6 pts month on month to 52.4 points in May after a 0.8 pts decrease in the previous month, a report by HSBC and Markit showed. “Output and new orders both rose at the slowest rates since last October, with the pace of expansion in the ... Read More »

Polish manufacturing index fall 1.3pts to 52.4 pts in May

pmi1

WARSAW: Poland’s manufacturing sector purchasing managers’ index PMI, a gauge of manufacturing, fell by 1.6 pts month on month to 52.4 points in May after a 0.8 pts decrease in the previous month, a report by HSBC and Markit showed. “Output and new orders both rose at the slowest rates since last October, with the pace of expansion in the ... Read More »

Finland’s turnover in manufacturing falls 3% in Dec-Feb

index

HELSINKI: Turnover in manufacturing in the December to February period was good three per cent lower than in the corresponding period of the year before, according to Statistics Finland. Domestic sales contracted by 4.5 per cent and export turnover by 2.4 per cent from one year ago. Turnover went down from the corresponding period of the previous year in nearly ... Read More »

Finland’s turnover in manufacturing falls 3% in Dec-Feb

index

HELSINKI: Turnover in manufacturing in the December to February period was good three per cent lower than in the corresponding period of the year before, according to Statistics Finland. Domestic sales contracted by 4.5 per cent and export turnover by 2.4 per cent from one year ago. Turnover went down from the corresponding period of the previous year in nearly ... Read More »

UK manufacturer survey shows first-quarter rise in export orders

manufacturing

LONDON: Britain’s manufacturers have provided a glimmer of optimism about the outlook for exports, with new research pointing to a rise in orders and sales. Almost half the 2,300 manufacturing companies interviewed in a new survey said they had increased export orders in the first quarter of the year, compared with 36 per cent the previous quarter. In comparison, the ... Read More »

Hungary manufacturing PMI drops to 51 points in April

goodyear_napanee_manufacturing_plant_e

BUDAPEST: Hungary’s manufacturing purchasing manager index (PMI) plunged to 51 points in April 2015 from 55.4 points in March, according to seasonally-adjusted data published by the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM). The index has been over the 50-point mark, showing expansion, for 21 months now. Hungary’s manufacturing PMI dropped to 51 points in April from 55.4 ... Read More »

UK manufacturing consumer credit grows by £1.24b, beats forecasts of £800m increase

MANUFACTURING PACE SLOW

LONDON: Bank of England figures published earlier showed that lending to British consumers grew at the fastest rate since before the financial crisis in March. Consumer credit grew by £1.24bn, beating forecasts of an £800m increase. It was the biggest monthly increase since February 2008, and the biggest annual jump since May 2006. The backdrop for consumers has improved recently, ... Read More »

Finland’s manufacturing turnover cut down to 4% in Nov-January 2014-15

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HELSINKI: According to the statics of Finland’s the manufacturing turnover cut down to 4% in the period of November 2014 to January 2015 as compared with the pervious correspondence year. Domestic sales contracted by 5.6 per cent and export turnover by 2.8 per cent from one year ago. Turnover went down from the corresponding period of the previous year in ... Read More »

NZ manufacturing pace slows 1.6 points in March to 54.5

MANUFACTURING PACE SLOW

WELLINGTON: Manufacturing has been growing for 30 months in a row, though the pace of expansion slowed in March, according to a bank survey. The manufacturing sector remained in “solid territory”, the latest Bank of New Zealand- Business NZ Performance of Manufacturing Index showed. The index dipped 1.6 points in March to 54.5, but that was still seen as “healthy ... Read More »

Finnish new orders in manufacturing drop by 5.5% in February 2015

manfaturing

HELSINKI: According to Statistics Finland, The value of new orders in manufacturing was 5.5 5% lower in February 2015 than 12 months earlier. Orders declined by 3.3 per cent year-on-year during January to February. Enterprises received more orders than 12 months ago in February only in the paper industry, the data show. In the industry of the manufacture of paper ... Read More »