Source: New Zealand Institute of Economic Research
19 January 2021
This NZIER Quarterly Survey of Business Opinion (QSBO) showed a further improvement in business confidence in the final quarter of 2020. A smaller proportion of businesses expect a deterioration in general economic conditions, and firms also reported trading in their own business held up in the December 2020 quarter. On a seasonally adjusted basis, a net 16 percent of firms expect a worsening in general economic conditions, while only a net 1 percent reported reduced demand.
The media release is avilable here.
QSBO is only available to NZIER members.