NZ business confidence recovers from four-year low in December, profits still weak

Mon, 18 Jan 2016

By Paul McBeth Jan. 19 (BusinessDesk) - New Zealand businesses got out of the doldrums in the final three months of 2015 as the economy picked up from its mid-year sluggishness and firms saw improvements in their own activity, even if that didn't drop to the bottom line. A net 13 percent of firms surveyed in the New Zealand Institute of Economic Research's December quarterly survey of business opinion expect general business conditions to improve, turning around a gloomy outlook of a net 10 percent seeing a deterioration three months ear...

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