Stuttering start to 2025 for business confidence

Lack of sales remains the main constraint on NZ business confidence. (Image: NZME)

Tue, 14 Jan 2025

Firms are heading into 2025 feeling a bit more optimistic about the economic outlook, although their own trading activity continues generally to be weak.The Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER) finds that business owners still expect an economic recovery this year but are on the sidelines until better evidence emerges.“A notable proportion of firms intend to reduce investment in buildings, and plant and machinery over the coming year,” NZIER said. “Firms l...

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