By Leith van Onselen

We all know Australia’s manufacturing sector is in recession, with the Australian Industry Group’s (AIG) performance of manufacturing index (PMI) this month registering its 26th consecutive month of contraction.

Now the below chart, which comes from David Scutt via Twitter, shows just how bad the manufacturing industry really is, with Australian manufacturing ranking dead last in a survey of PMIs across 25 countries (see next chart).

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