Manufacturers remain largely upbeat

March 13, 2018

A survey has found manufacturing continues to be underpinned by state infrastructure projects.

The outlook for manufacturers remains largely upbeat, although a survey has found new orders lost some momentum in the early months of 2018.

The Australian Chamber of Commerce and Industry-Westpac industrial trend survey for the March quarter shows manufacturing is being boosted by investment in both state government infrastructure projects and private commercial building.

"A relatively low Australian dollar and stronger global growth are also supporting exporters," Westpac senior economist Andrew Hanlan said releasing the report on Tuesday.

More in National
Login Sign Up

Dummy text