INDEPENDENT NEWS

Confidence Rebound Augurs Well For Economy

Published: Tue 17 Jul 2001 11:20 AM
"The seasonally adjusted rebound in the Quarterly Survey of Business Opinion to plus 16 percent in the June quarter is significant and bodes well for economic growth in the second half of this year," Finance Minister Michael Cullen said today.
”Manufacturers expectations about their export sales for the next three months have risen eight points to 38 percent.
"This suggests that the trade balance will remain strong following the record $3.23 billion export receipts recorded in May," Dr Cullen said.
Ends

Next in New Zealand politics

Maori Authority Warns Government On Fast Track Legislation
By: National Maori Authority
Comprehensive Partnership The Goal For NZ And The Philippines
By: New Zealand Government
Canterbury Spotted Skink In Serious Trouble
By: Department of Conservation
Oranga Tamariki Cuts Commit Tamariki To State Abuse
By: Te Pati Maori
Inflation Data Shows Need For A Plan On Climate And Population
By: New Zealand Council of Trade Unions
Annual Inflation At 4.0 Percent
By: Statistics New Zealand
View as: DESKTOP | MOBILE © Scoop Media