Notes of caution in ‘stonking’ business confidence survey, says NZIER

Mon, 07 Apr 2014

By Pattrick Smellie April 8 (BusinessDesk) – Business confidence remains at multi-decade highs, as measured by the New Zealand Institute of Economic Research’s quarterly survey of business opinion for the three months to the end of March, although the strong upswing of previous quarters flattened out. There was a net 52 percent positive outlook for the general business situation on both an actual and seasonally adjusted basis, consistent with the previous quarter, and the highest on a seasonally adjusted basis since June 1994. Seasonally a...

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