Christchurch Rebuild

Forward indicators were pointing to an upturn for the NZ economy until the Christchurch earthquake, according to the BusinessNZ Planning Forecast....
BNZ & BusinessNZ advise that their monthly surveys of the manufacturing and services sectors will not be operational for the month of February....
BusinessNZ says the support package announced today for employers and employees is timely....
CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake....
November finally saw manufacturing turn the corner with modest expansion in all regions and in all the indices measured, with a seasonally adjusted PMI for November at 52.7....
Despite a dip in expansion, the service sector activity continued to keep its head above water, with a seasonally adjusted PSI for October at 52.0....
October saw little change from September, as the sector remains fairly static and still not quite able to get into expansionary territory, with a seasonally adjusted PMI for September at 49.7....
September saw little change from August regarding activity in manufacturing, as the sector remains flat and unable to expand, with a seasonally adjusted PMI for September at 49.2....