BNZ Confidence Survey Results

BNZ Confidence Survey Results

Our BNZ Confidence Survey for May has found an 18 month high in the level of optimism businesses have about where the economy will be a year from now.

A net 42% expect improvement from 14% in April and a net 21% expecting a deterioration immediately post-earthquake in March.

There is continuing positive sentiment about current economic conditions in agriculture, manufacturing for export and forestry, and improved sentiment in construction, accountancy, and both residential and non-residential property. However retailing remains weak.

Full report here

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