Signs of economic strain: consents, cranes and cars

Fri, 04 Sep 2020

Employment numbers aren’t to be trusted, the housing market remains perky, and there were signs of a resurgence in the retail sector before Auckland's second lockdown sucked the wind out of its sales.So, to which end of town do we look for more robust signs of the impending and much touted great covid recession?There are some stress fractures emerging, though they aren’t as high profile as you would think.ConsentsThe longer the 77,000 or so international tourists and students who used to get through New Zealand passpor...

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