NZ business confidence rises to highest in more than three years, led by construction

Thu, 27 Jun 2013

By Tina Morrison June 27 (BusinessDesk) – New Zealand business confidence rose to its highest in more than three years in June, led by the construction sector. A net 50.1 percent of firms expect general business conditions to improve in the year ahead, up from 41.8 percent in May, and the highest level since early 2010, according to the ANZ Business Outlook. Firms seeing a pickup in their own business activity in the year ahead rose to a net 45 percent, up from 34 percent. Sentiment is highest in the construction sector, with a net 73.4 perc...

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