BusinessNZ has greeted the latest employment survey with cautious optimism.
Surveys & Statistics
Consistent performer – PSI
Service sector expansion for March was almost identical to the previous month, with a seasonally adjusted PSI for March at 55.4.
Marching on – PMI
The month of March finished off a healthy quarter of growth for New Zealand’s manufacturing sector with a seasonally adjusted PMI for March at 53.4.
NZ economy finely balanced
The BusinessNZ Planning Forecast indicates a finely balanced New Zealand economy, with positive economic data, but with some risks remaining.
Sun shines on service sector – PSI
The service sector continued to show a pick-up in expansion with a seasonally adjusted PSI for February at 55.5.
Building momentum – PMI
NZ’s manufacturing sector continued to show upwards momentum since the start of 2013 with a seasonally adjusted PMI for February at 56.3.
Service sector starts on a positive note for 2013 – PSI
The service sector showed a pick-up in expansion for the start of 2013, with a seasonally adjusted PSI for January at 52.6.
Back in black – PMI
NZ’s manufacturing sector started 2013 with an encouraging result. The seasonally adjusted PMI for January was 55.2.
Holding pattern – PSI
The service sector continues to see its level of expansion slip lower with a seasonally adjusted PSI for December at 51.5.
Flat end to manufacturing year – PMI
NZ’s manufacturing sector year ended with a flat result with a seasonally adjusted PMI for December at 50.1.
Solid but not spectacular – PSI
The service sector remains in expansion mode, but not at the level as last month. The PSI for November was 54.1.
More of the same – PMI
NZ’s manufacturing sector continues to meander along in a tight band as we head towards the end of 2012. The seasonally adjusted PMI for November was 48.8.