Articles tagged NZIER

Businesses continue to be pessimistic about the New Zealand economy according to NZIER’s latest Quarterly Survey of Business Opinion. Businesses reported that their own activity was faring well, in spite of the gloomy outlook wider economy. Thomas Coughlan reports.

Business confidence fell during the election campaign, but less than for other elections. Bernard Hickey reports uncertainty about the shape and policies of a new Government are affecting business sentiment, but vehicle and retail sales show businesses and consumers have not put away their wallets.

Construction sector confidence slumped in the June quarter despite solid expectations for output and new orders, adding to indications in the March quarter that building activity is coming off its highs under the weight of capacity constraints and tighter credit availability from banks.