NZ business confidence lifts as spring looms, construction bounces back

Thu, 30 Aug 2012

Aug. 30 (BusinessDesk) - New Zealand business confidence rose in August, as construction investment intentions bounced back and firms began feeling a seasonal uplift as spring looms. A net 20 percent of respondents in National Bank’s Business Outlook expect business conditions to improve over the next 12 months, up from a net 15 percent in July. Companies’ own activity expectations improved, with a net 26 percent expecting more activity in their business in the year ahead, up from24 percent. “A movement of 5 percentage points is so-so in ter...

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