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Christchurch manufacturing sector – after the quake
A month ago the New Zealand manufacturing sector was looking reasonably healthy.
Industries coordinate for recovery
Industry associations are working towards further coordination of the Christchurch relief operation.
NZ economy buoyed by commodity exports, dented by earthquake
Forward indicators were pointing to an upturn for the NZ economy until the Christchurch earthquake, according to the BusinessNZ Planning Forecast.
PMI & PSI surveys suspended for February
BNZ & BusinessNZ advise that their monthly surveys of the manufacturing and services sectors will not be operational for the month of February.
Support package timely
BusinessNZ says the support package announced today for employers and employees is timely.
Emergency meeting of CEOs & Govt on earthquake response
CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake.
Lacklustre start to service sector activity for 2011 – PSI
Overall activity in the service sector for the first month of 2011 displayed a fairly lacklustre beginning, while the newly established Combined Index shows a similar pattern to the end of 2010. The seasonally adjusted PSI for January was 50.8.
Manufacturing continues expansion in January 2011 – PMI
Manufacturing activity in January 2011 shows a positive start to the year with the fourth consecutive month in expansion, with a seasonally adjusted PMI for January at 53.7.
Central wage fixing completely unacceptable
‘Under the radar’ moves towards central wage fixing are completely unacceptable, says BusinessNZ.
Policy, tax and savings recommendations largely positive
There are many recommendations by the Savings Working Group that should be seriously considered, according to BusinessNZ.
Realistic policy on SOEs deserves wide support
A focus on investment in the Prime Minister’s state of the nation speech has been welcomed by BusinessNZ.
Service sector closes 2010 on similar note – PSI
Overall activity in the service sector for the last month of 2010 ended up being a repeat of 2009, with a seasonally adjusted PSI for December at 52.5.