BRIAN GAYNOR: what shape will the recovery be: V, U or L?

BRIAN GAYNOR: what shape will the recovery be: V, U or L?
Brian Gaynor
The economy is clearly in recession, but the big question is whether it will be a V-shaped, U-shaped or L-shaped recovery?A V-shaped recovery is when an abrupt decline in economic activity is followed by a quick rebound. A U-shaped revival is when an economy gradually climbs out of a recession and an L-shaped situation is a severe recession when economic activity takes many years to recover.International Monetary Fund (IMF)The recently released IMF economic projections show that the organisation’s economic team is optimistically anticipat...

More Economy

Business confidence stutters into 2025
Economy

Business confidence stutters into 2025

Nothing to stop a 50 point interest rate cut next month, says NZIER.

Pattrick Smellie 14 Jan 2025
Hospitality spending hit hardest in 2024
Retail

Hospitality spending hit hardest in 2024

Core retail spending grew at the slowest rate in five years.

Gregor Thompson 13 Jan 2025
Nearly 6,000 new roles filled in November, Stats NZ says
Economy

Nearly 6,000 new roles filled in November, Stats NZ says

The country added almost 6,000 jobs in November, and service industries fueled the increase.Stats New Zealand said on Monday that filled job numbers rose 0.3% compared to October.Primary industries provided 436 fewer jobs.Goods-producing industries, the biggest of which are manuf...

Staff reporters 13 Jan 2025
M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.