Signals from big manufacturers
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NAB Short Course - Sponsored Feature
This is an excerpt from Business Spectator's new short course on company results. Click here toread the rest of the article, plus the remaining nine articles in the course.
What the big manufacturers are telling your business
With job cuts being announced across many parts of Australia's manufacturing sector, it's evident that conditions remain subdued.
Profit results in the latest earnings season reflect the conditions, with a large number of manufacturers reporting earnings falls. Downturns were recorded by the major car and automotive parts manufacturers, building products manufacturers, as well as those involved in areas such as minerals and metals processing.
Manufacturing activity continued to contract across Australia in August, albeit at a slower rate than in July. Indeed, only three out of the 11 manufacturing sub-sectors expanded last month, including miscellaneous manufactures; food and beverages, and wood products and furniture manufacturing …
Click here to read the rest of the article, plus the remaining nine articles in the course.
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