Businesses become less gloomy as demand lifts: QSBO

Mon, 14 Jan 2019

By Jenny Ruth Jan. 15 (BusinessDesk) - Business confidence improved somewhat in the December quarter but still remains deeply pessimistic, the latest quarterly survey of business opinion by the New Zealand Institute of Economic Research shows. However, firms’ views of their businesses’ prospects in the next three months nudged upwards into positive territory, reflecting improving demand. A net 18 percent of businesses still expect business conditions to worsen over the next six months, although that’s significantly better than the net...

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