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Activity surge - Quarterly Survey of Business Opinion, January 2013
NZIER’s Quarterly Survey of Business Opinion (QSBO) shows economic activity surged in the December 2012 quarter to the best level since mid-2007. Businesses are more optimistic (+19% from -1%, seasonally adjusted). The trading activity indicator for the December quarter also surged to the best level since mid-2007 (+8% from -4%, seasonally adjusted). This suggests annual GDP growth for 2012 will be above 2%. “There are encouraging signs of a strengthening economic recovery. The latest bounce is concentrated in Auckland, and Canterbury to a lesser extent,” said Shamubeel Eaqub, Principal Economist at NZIER. ... (full story)
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- Jan 14, 2013 4:05pm Jan 14, 2013 4:05pm
- goldfan
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- eqshack
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Early to bed, early to rise, keeps you healthy, wealthy and wise.
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- goldfan
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- eqshack
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Early to bed, early to rise, keeps you healthy, wealthy and wise.
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- arenoosh
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Buy when everyone else is selling and sell when everyone else is buying !
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- goldfan
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