NZ business confidence gets a pre-Christmas lift

Tue, 18 Dec 2018

By Rebecca Howard Dec. 18 (BusinessDesk) - Business confidence finally saw a lift in December, after tanking towards the end of last year on political uncertainty when the new Labour-led government took office. A net 24.1 percent of firms surveyed in the ANZ business outlook survey for December expect general business conditions to deteriorate in the coming 12 months, versus 37.1 percent in November. Agriculture remained the most downbeat sector, followed by manufacturing. “While business confidence lifted meaningfully, it remains in...

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