Hire or invest? Business confidence ticks up again

Tue, 19 Jan 2021

New Zealand business confidence continues to improve as the country weathers the economic impact of covid-19.A net 16 percent of businesses expect a deterioration in general economic conditions over the coming months, on a seasonally adjusted basis – lower than the 38 percent in the previous quarter, and well below the 68 percent of businesses feeling pessimistic in March 2020.A net 1 percent of businesses reported a decline in their own trading activity versus a net 1 percent that saw an increase in the prior quarter, according to the NZ...

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