- Down again in January, 3rd consecutive fall
- Still in contraction
- It has only managed an expansion reading for 2 months In the two months following the 2013 Federal election) since June 2011
- All sub indices below 50 this month
- Export sub-index improved in January, remains in contraction
Comments from survey participants generally indicated that conditions remain fragile within local manufacturing, with many businesses pointing to an ongoing lack of demand, new orders or exports.
