BNZ-BusinessNZ performance of manufacturing index fell to a seasonally adjusted 51.8 from 54.6 in March.
High land and construction costs and tight vacancy rates leaving expanding industrial businesses out in the cold.
The claims are now at the trigger point to chase international litigation funders.
The value of total manufacturing sales declined 0.7 percent in the quarter to $23.13 billion in the quarter.
Dollar touched a post-float record of 96.77 Australian cents overnight and recently traded at 96.53 cents.
BNZ-Business NZ performance of manufacturing index fell to a seasonally adjusted 50.9 in January.
The Meeting Place of Intelligent Business