30 September 2004
Survey shows growth momentum continues
“This month’s National Bank Business Outlook shows our economy is continuing its growth momentum, “ Acting Finance
Minister Trevor Mallard said today.
The survey’s activity measure – which asks about a business’ own outlook - found 40 percent expected their own business
activity to improve over the coming year.
The survey states this measure has been a very reliable indicator of the state of the business cycle.
Trevor Mallard welcomed the findings of this latest survey. “It is a clear indication that the growth we are
experiencing now will continue well into next year.”
ENDS