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Source: New Zealand Institute of Economic Research

18 January 2022

The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows business confidence and demand fell as the COVID-19 outbreak dragged on. The December 2021 QSBO survey was carried out from 8 November 2021 to 10 January and captured the effects on Auckland and its neighbouring regions in lockdown and domestic and international border restrictions. With new COVID-19 variants emerging and overwhelming healthcare systems in other major countries, uncertainty over how the pandemic will evolve remains high, and businesses have become more cautious about investment. 

Read the media release here

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