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  Australian Politics Forum › Member Run Boards › Finance and Economics › Manufacturing contracts for 4th straight month
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Manufacturing contracts for 4th straight month (Read 690 times)
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Manufacturing contracts for 4th straight month
Jul 2nd, 2012 at 10:31am  
Australia's manufacturing activity contracted for a fourth straight month in June, hit by a high dollar and a slump in residential and commercial construction, a private survey showed today.

http://www.smh.com.au/business/manufacturing-contraction-eases-as-orders-pick-up-20120702-21brh.html#ixzz1zQ8tS8Wy
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Re: Manufacturing contracts for 4th straight month
Reply #1 - Jul 2nd, 2012 at 11:32am  
And, notwithstanding that there will still be ups & downs, the basic trends which are directing the Global Economy (regrettably) means that the OZ Economy will be on a downward trend for quite some time!
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