Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->Taiwan manufacturing expansion continues to shrink...You are the 465505 visitors
Views:1056   |   recommendation:   |   Votes:0   |   Discuss:0
Taiwan manufacturing expansion continues to shrink in November

Taiwan's purchasing managers' index (PMI) for the manufacturing sector dropped by 0.5 points from October to 57.2 in November, a Taipei-based think tank said Friday.

Despite the drop, the manufacturing sector has expanded for 21 consecutive months, according to the Chung-Hua Institution for Economic Research.

A PMI above 50 indicates expansion, while below reflects contraction.

Three of the five major sub-indices saw drops compared with the previous month. The sub-index for new orders fell 3 points to 55.6. and production was down 0.2 points to 57.7. Employment also dipped, while the sub-index for supplier deliveries and inventories gained.

Meanwhile, the non-manufacturing index, a service sector indicator, edged up 0.4 points to 53.4 in November.

Manufacturing sector fixed-asset investment plunged 18 percent year-on-year to about 230 billion new Taiwan dollars (7.76 billion U.S. dollars) last quarter, the first decline since the third quarter of 2015, and the lowest investment level for five quarters, the island's economic affairs authority said Thursday.

Taiwan Institute of Economic Research, another local think tank, expects the island's manufacturing sector to shift from sluggish growth in the third quarter to recession in the fourth quarter as the peak electronics productions season nears its end.

Source: Xinhua

2017/12/4 17:13:00

Previous:    Donglong Metal Mold Machinery: Focus on Quality, Talents and Brand
        Next:    Bufab acquires Kian Soon Mechanical Components Pte Ltd

Recent Related News
China's manufacturing activity expands slower in June--2018-07-03
CSC to hike prices for Q2 deliveries as global steel supplies remain tight--2018-03-22
Taiwan Fastener Exports Hit Record High--2018-02-01
China Steel to raise steel prices next year--2017-11-28
Taiwan Fastener Exports Increase 2.65% --2017-11-23
China October Factory Growth Slows More Than Expected on Smog War, Softer Export Orders--2017-10-31
Taiwan Fastener Exports Increase 2.65% in the first eight months--2017-09-30
Caixin China PMI shows June manufacturing rebound--2017-07-04
Taiwan Fastener Exports Decline in the First Nine Months--2016-11-07
Taiwan Fastener Production Falls 4-year Low--2016-11-03
Taiwan Fastener Exports Show Steady Growth --2015-06-16
China accelerates transport construction investment--2015-05-19

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener0fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Vietnam Manufacturing Expo, Aug 8-10, Hanoi, Vietnam

•Fastener Shanghai 2018 - Shanghai Fastener & Tech Show, Sept 26-29, 2018, Shanghai, China

•M-Tech Osaka, Oct 3-5, 2018, Osaka, Japan



Show Room



Offer Product

Latest News
• US July Fastener Distributor Index Surges Further, But Indicates Looming Slowdown

• Bossard Sales Grew 13% in 2018 First Half

Buyers' Guide
Company News

• Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets

• Zhejiang Minmetals Huitong: Ensuring Satisfied Customers

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener