After three months of expansion, the service sector fell flat during October, with a seasonally adjusted PSI for October at 49.9.
Business & Society
Spring boost for service sector activity – PSI
The first month of Spring brought about continued upwards expansion in the service sector, with a seasonally adjusted PSI for September at 53.2.
New orders/business boosts service sector activity for August – PSI
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.
Service sector out of decline for first time in 16 months – PSI
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.
Positive multipronged approach to youth unemployment
BusinessNZ is endorsing the multipronged approach to youth unemployment announced today.
Sustainability report a useful step towards accurate reporting
BusinessNZ has welcomed steps towards accurate reporting on sustainability.
BusinessNZ welcomes more investment migrants
A relaxation of New Zealand’s Migrant Investment Policy has been welcomed by BusinessNZ.
Work permits agreement – business & government working well together
A new approach to migrant workers has been welcomed by BusinessNZ.
New orders/business improves, but sector still contracting – PSI
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
BusinessNZ welcomes new Envirostep tool
Envirostep – a business environmental assessment tool launched today by Commerce Minister Simon Power – comes at an opportune time for business.
Survey shows business self-reliance
New Zealand businesses are showing self-reliance in the face of the economic downturn.
Service sector still in the shadows – PSI
The service sector remains in the shadows, but activity doesn’t appear to be getting any darker, with a seasonally adjusted PSI for May at 46.2.