The service sector received another boost in expansion to record its highest result since November 2007, with a seasonally adjusted PSI for March at 57.3.

The service sector received another boost in expansion to record its highest result since November 2007, with a seasonally adjusted PSI for March at 57.3.
NZ manufacturing continues to head in the right direction with a strong boost in expansion for March, with a seasonally adjusted PMI for March at 56.3.
NZ will be the winner in gaining a Productivity Commission, says BusinessNZ.
The poor productivity statistics reported today underscore the need for a productivity commission and ‘regulatory responsibility’ legislation, says BusinessNZ.
The service sector continued along its path of solid, if unspectacular expansion for the second month of 2010, with a PSI for February at 53.1.
A critical review of the role of development and financial contributions.
Ongoing strength in new orders meant manufacturing remained in positive territory for the second month of 2010, with a seasonally adjusted PMI for February at 53.3.
BusinessNZ has congratulated the Crown Research Institute Taskforce’s report ‘How to enhance the value of New Zealand’s investment in Crown Research Institutes’.
The BusinessNZ Planning Forecast is pointing to improvement in the economy in the March quarter.
The Government has made a sensible decision not to proceed with a further compliance requirement on private companies, says BusinessNZ.
The importance of setting company tax at the right level has been highlighted in the Government’s response to the Capital Markets Development Taskforce, says BusinessNZ.
The service sector continued to show a recovery for the first month of 2010, despite the rate of expansion slowing, with a seasonally adjusted PSI for January at 53.1.