NZ knocks on recession’s door after ‘shattered’ business survey
NZIER QSBO reveals record net 73% of businesses expect economy to get worse in months ahead.
Business NZ’s Kirk Hope speaks with Jonathan Mitchell.
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Business confidence is at its weakest level in more than 60 years, according to the latest NZ Institute of Economic Research mood-gauge of businesses.
The December-quarter Quarterly Survey of Business Opinion showed a net 73% of companies expect the economy to deteriorate over the coming months –
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