NZ business outlook improves in September on expected profit growth

Fri, 30 Sep 2016

By Sophie Boot Sept. 30 (BusinessDesk) - New Zealand firms had a more positive outlook in September about both their own prospects and the wider economy, with employment intentions and profit expectations rising. A net 27.9 percent of firms were optimistic about the general economic outlook over the coming year, up from a net 15.5 percent in August, according to the ANZ Business Outlook. A net 42.4 percent of companies see their own activity expanding, compared to a net 33.7 percent a month earlier. Increased profits were expected by a...

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