The report compiled by researchers Castalia finds manufacturing contributed 14.6 per cent to the country’s gross domestic product in 2012, making it the largest economic sector.
Surveys & Statistics
Sensational Summer – PSI
Activity in the services sector continued its march upwards with some levels of activity not seen since 2007, with a seasonally adjusted PSI for January at 58.1.
Good start to 2014 innings
New Zealand’s manufacturing sector started 2014 on a healthy note, with a seasonally adjusted PMI for January at 56.2.
Cheers to 2013 – PSI
2013 represented a solid story of growth for New Zealand’s services sector, with a seasonally adjusted PSI for December at 57.5.
World class average – PMI
NZ’s manufacturing sector ended the year on a healthy note, and the first time since 2007 that every month recorded expansion in activity, with a seasonally adjusted PMI for December at 56.4.
Exporters remain confident despite high exchange rates
The latest ExportNZ Survey shows exporters are confident of good growth and increasing orders in overseas markets for 2014, despite battling against a currency that is higher than most would wish for.
Positive approach heading into Xmas – PSI
New Zealand’s services sector experienced a positive and solid level of expansion heading into Xmas, with a PSI for November at 56.3.
Firm grip on expansion – PMI
New Zealand’s manufacturing sector remained in a firm grip of expansion as activity in the sector rose during November, with a seasonally adjusted PMI for November at 56.7.
Absenteeism costs $1.3 billion
An estimated 6.1 million days of work absences cost the New Zealand economy approximately $1.3 billion last year, according to the first Wellness in the Workplace survey to be conducted here.
Outstanding October – PSI
New Zealand’s services sector continued to push higher in terms of expansion, with a seasonally adjusted PSI for October at 58.2.
Onwards and upwards – PMI
New Zealand’s manufacturing sector recorded its 11th consecutive month in expansion as activity in the sector rose during October, with a seasonally adjusted PMI for October at 55.7.
Spring step – PSI
New Zealand’s services sector showed increased levels of expansion during September, with a seasonally adjusted PSI for September at 55.6.