The service sector showed a pick-up in expansion for the start of 2013, with a seasonally adjusted PSI for January at 52.6.
Business & Society
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.
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.
NZ economy – pockets of optimism
The BusinessNZ Planning Forecast indicates continued patchy growth in the short term, but with pockets of optimism as the housing market begins to show signs of life and the Christchurch rebuild starts to gain momentum.
Oktoberfest – PSI
The service sector breathed back into life during October. The PSI for September was 57.4.
A red start to Spring – PSI
The service sector fell into technical contraction for the first time since mid-2010, with a seasonally adjusted PSI for September at 49.6.
Subdued, uncertain economy
Official and unofficial data show a subdued New Zealand economy in the BusinessNZ Planning Forecast.
Dead even – PSI
The service sector was in a complete holding pattern in August, with a PSI for August at 50.0.
New Zealand competitiveness rising
This year’s Global Competitiveness Index gives valuable feedback for New Zealand’s quest for competitiveness, says BusinessNZ.
Culture of innovation needed
A culture of innovation is needed to catapult NZ’s economic performance, says BusinessNZ.
Easing of expansion continues in service sector – PSI
Expansion levels for the service sector dipped for the second consecutive month, with a seasonally adjusted PSI for July at 53.1.
Business must be involved in Christchurch CBD development
The blueprint for the centre of Christchurch is exciting not just for Christchurch but for all NZ says BusinessNZ.