The service sector continues to struggle in tough economic conditions, with a seasonally adjusted PSI for October at 48.7.
Business & Society
BusinessNZ recommendations: Response to global financial crisis
BusinessNZ offers a set of recommendations for responding to the current crisis, based on the need for an effective and coherent plan.
Weakness continues in the service sector – PSI
The service sector remains weak, dropping to its second lowest result since the survey began, with a seasonally adjusted PSI for September at 46.9.
Service sector activity contracts for the fifth consecutive month – PSI
Service sector activity is still contracting amidst tough operating conditions, with a seasonally adjusted PSI for August at 47.9.
Service sector activity improves in July – PSI
Service sector activity has improved slightly from its worst result in June, with a seasonally adjusted PSI for July at 48.9.
Service sector activity falls sharply – PSI
Activity in the service sector has reached its lowest level since the BNZ – BusinessNZ Performance of Services Index (PSI) began. The PSI for June stood at 45.6.
Weakening of service sector activity continues in May – PSI
Activity in the service sector continues to be in a weak state, although a slight improvement on the previous month, with a seasonally adjusted PSI for May at 49.1.
Growth in service sector activity stalls in April – PSI
Activity in the service sector has stalled for the first time in a year, with a seasonally adjusted PSI for April at 48.9.
Business and emissions trading
Opinion piece by Phil O’Reilly, CEO BusinessNZ, on the Climate Change (Emissions Trading and Renewable Preference) Bill.
Service sector activity lackluster in March – PSI
Activity in the service sector fell back to its lowest level recorded since the survey began, with a seasonally adjusted PSI for March at 50.8.
Australian Innovation Review
Phil O’Reilly, CEO BusinessNZ, reports on his visit to Australia to learn more about the innovation frame work in Australia and how NZ might take advantage of potential changes in the Australian environment.
Service sector expansion picks up in February – PSI
The level of expansion picked up for the second month of 2008 after two consecutive months of easing, with a seasonally adjusted PSI for February at 55.6.