NZ business confidence stays low in first 2018 survey

Wed, 28 Feb 2018

By Sophie Boot Feb. 28 (BusinessDesk) - The first business confidence survey of 2018 shows local firms are still feeling negative, despite all five sectors lifting in February and overall confidence improving. The ANZ Business Outlook, which does not run in January, reported a net 19 percent of businesses were pessimistic about the year ahead, versus 38 percent in December. Confidence dropped to an eight-year low in November on political uncertainty when the new Labour government took office. A net 20 percent of companies see their own ac...

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