October falls flat for service sector activity – PSI

BNZ Capital – BusinessNZ PSI – August 2009

The service sector continued on its road to recovery as the August result provided the first consecutive monthly expansion since early 2008, with a seasonally adjusted PSI for August at 51.3.

October falls flat for service sector activity – PSI

BNZ Capital – BusinessNZ PSI – July 2009

The service sector showed its first sign of expansion (albeit at a very modest level) for the first time since March 2008, with a seasonally adjusted PSI for July at 50.1.

October falls flat for service sector activity – PSI

BNZ Capital – BusinessNZ PSI – June 2009

The service sector continues to show contraction, but new business levels may provide better results in the months ahead, with a seasonally adjusted PSI for June at 45.0