Businesses seeing light at the end of the tunnel?

NZIER principal economist Christina Leung. (Image: NZME)

Tue, 04 Oct 2022

Things are still bad, but not as bad as they were, according to the latest quarterly survey of business opinion from the New Zealand Institute of Economic Research (NZIER).The survey “suggests businesses are starting to see the light at the end of the tunnel. Businesses are still feeling pessimistic – but less so."On a seasonally adjusted basis, a net 42% of businesses surveyed expect deterioration in general economic conditions over the coming months – a considerable decrease from the 62% in the June quarter.A net 3% of...

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