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ASB / Main Report Regional Economic Scoreboard

Media alert
ASB / Main Report Regional Economic Scoreboard
March 2012 Quarter

Economic activity in the South Island is firing up while Auckland slides down the rankings of the latest ASB / Main Report Regional Economic Scoreboard. Tasman has captured the top spot followed closely by Nelson, as the population in the upper part of the South Island is boosted by quake-affected Cantabrians, and the local housing market surges.

Canterbury has bounced back to share fourth place with Auckland, with encouraging signs of recovery in the region. Meanwhile Auckland has been affected by supply constraints in the housing market and a decline in non-residential construction.

The ASB / Main Report Regional Economic Scoreboard takes the latest quarterly regional statistics and ranks the economic performance of New Zealand’s 16 regional economic areas. The full report is attached, and available online.

ScoreboardQ12012.pdf

ENDS

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