New Zealand business confidence steady in June quarter as construction stutters

Mon, 03 Jul 2017

By Rebecca Howard July 4 (BusinessDesk) - New Zealand firms' optimism about the economy held firm in the June quarter, despite confidence in the building sector easing after soft construction activity at the start of the year. A seasonally adjusted net 18 percent of firms surveyed in the New Zealand Institute of Economic Research's quarterly survey of business opinion anticipate better economic conditions in the coming year, unchanged from the March quarter. A seasonally adjusted net 18 percent experienced stronger trading in the second t...

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