Economy & Tax

In the zone – PSI

In the zone – PSI

The Performance of Services Index maintained a solid growth pulse in July. It all suggests a decent start to the third quarter of the year for a big chunk of the economy.

In the zone – PSI

Positive frame of mind – PMI

New Zealand’s manufacturing sector had a seasonally adjusted PMI for July at 53.5. Although this was 1.6 points lower than June, it was still the second highest result for the last four months.

In the zone – PSI

Humming along – PSI

New Zealand’s services sector held its own in June as activity remained at a healthy level of expansion, with a seasonally adjusted PSI for June at 58.2

In the zone – PSI

Scaling the heights – PSI

New Zealand’s services sector showed further expansion in May as key indices continued to scale the heights, with a seasonally adjusted PSI for May at 58.0.

In the zone – PSI

Down a gear – PMI

New Zealand’s manufacturing sector experienced another minor dip in its level of expansion during May, with a seasonally adjusted PMI for May at 51.5.

In the zone – PSI

Budget 2015 takes an incremental approach

BusinessNZ Chief Executive Phil O’Reilly says that the government’s accounts continue to improve and the key economic indicators by which country comparisons can be made continue to move in the right direction, but the jury is still out as to whether a slowly slowly approach is ideal.