PMI shows post-war recovery

Industrial activity crept back from "the edge of a slowdown" toward further expansion in August, with the PMI adding 6.4 percentage points to 56.5%, from 50.1% in July, Dun & Bradstreet Israel said on Monday.

By DANIEL KENNEMER
September 19, 2006 08:53

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Industrial activity crept back from "the edge of a slowdown" toward further expansion in August, with the purchase managers index (PMI) adding 6.4 percentage points to 56.5%, from 50.1% in July, Dun & Bradstreet Israel said yesterday. Values above 50% reflect growth. Following a "steep drop" in local demands for industrial products, industrial-sector employment and industrial output caused by the war, all key components in the index saw "significant improvement" by the end of August, the business research firm said. Local demand added 12.9 points to 55.4% from 42.5% in July, returning to growth after war-time contraction, as did the employment component, which grew 11.2 points to 58.9% from 47.7%. The growth of export demand, however, slowed somewhat to 59.5% in August from 61% in July.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS