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Economics
4 mins to read

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.

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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Contact the Writer: jmitchell@nbr.co.nz
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NZ knocks on recession’s door after ‘shattered’ business survey
Economics,
97285