NZ manufacturing activity lifts in November, points to solid economic growth

Thu, 14 Dec 2017

By Rebecca Howard Dec. 15 (BusinessDesk) - New Zealand's manufacturing activity lifted in November, reversing October's post-election slide and pointing to solid economic growth in the sector. The BusinessNZ-Bank of New Zealand performance of manufacturing index rose 0.4 of a point to a seasonally adjusted 57.7 in November, continuing its run of expansionary readings above 50 in every month since October 2012. "Various recent surveys have seen business confidence falter during and after the government formation process. In contrast, t...

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