colinrealestate

The result of Tony Alexander’s BNZ Business Confidence survey reveals a net 41% feeling optimistic about the economy in the coming year tells us two things. First, things look good with respect to growth in job numbers and business investment

Tony Alexander also recognises that “drought always hits our economy and it will be one of the factors which offsets the stimulus already started in the construction sector and the reasonably strong lift in retail spending which is underway.

Will the drought effects be severe enough to push the economy back into recession?
We don’t think so – but then we don’t know how long the drought will last and the extent to which it hits not so much late-season agricultural production, but production potential for the coming season or two.” Tony Alexander, BNZ Economist.

Filed under: REAL ESTATE | Tagged: Real Estate