Forecasters see households, not business, holding up future growth
NZIER survey lowered outlook for business investment and exports.
Nevil Gibson
Tue, 17 Dec 2019
NZIER survey lowered outlook for business investment and exports.
Consumer confidence and household spending are holding up the economy in the absence of growth in business investment and the future for exports.
The latest NZIER Consensus Forecasts, a quarterly survey of economic forecasts, showed a slight decline in the growth outlook. Some activity