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NZIER Quarterly Survey of Business Opinion, January 2017
The latest NZIER Quarterly Survey of Business Opinion shows business confidence remained high at the end of 2016, with a net 26 percent of businesses expecting an improvement in economic conditions over the coming months. Although there was a modest softening in demand in their own business, activity indicators remain higher than a year ago. This indicates continued solid momentum in the New Zealand economy, which should provide a buffer against the downside risks from unexpected events both here and abroad. Businesses were particularly buoyant in Southland, with confidence at its highest level since early 2014. The ... (full story)