There were positives and negatives in the service sector in March, with a seasonally adjusted PSI for March at 47.1.
Media Releases
Recent media releases from BusinessNZ.
Rate of manufacturing activity decline eases in March – PMI
Manufacturing activity was still contracting during March, with a seasonally adjusted PMI for March at 40.7.
More headroom for a better carbon scheme
BusinessNZ says our changed position on greenhouse gas emissions gives us room to move on emissions trading.
Proposals for One Auckland positive for enterprise
The environment for enterprise would be boosted by the One Auckland recommendations of the Royal Commission on Auckland Governance, says BusinessNZ.
New awards present opportunities for international business growth
As the entry deadline for the New Zealand International Business Awards approaches, BusinessNZ says they will provide timely learning opportunities, as well as a valuable prize for the winner.
Constructive approach by polytechs
BusinessNZ says the offer by a number of polytechnics to support the 9-day fortnight is helpful.
Service sector continues weak demand – PSI
Despite experiencing an improvement in activity levels for February, the service sector remains in contraction, with a seasonally adjusted PSI for February at 46.3.
Manufacturing declined further in February – PMI
Last month manufacturing declined to its second lowest level on record, with a seasonally adjusted PMI for February at 38.6.
Misconceptions on jobs summit
BusinessNZ Chief Executive Phil O’Reilly says there are some misconceptions around the outcomes of last week’s jobs summit.
ASEAN FTA places New Zealand in vital trade web
Tonight’s signing of the ASEAN free trade agreement places New Zealand in a good strategic place, says Phil O’Reilly of BusinessNZ.
NZ firms committed to their trainees – Jobs Summit survey
New Zealand businesses are displaying enormous commitment to their apprentices and trainees, a BusinessNZ survey has found.
Finance insights from Jobs Summit survey
A BusinessNZ survey suggests the credit crunch may not be as widespread as thought.