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Business confidence jumps in August, BNZ survey shows

Posted in News August 11, 2009 - 03:18pm, Alex Tarrant

Business outlook for the year ahead improved in August, with a record net 42% of respondents to BNZ's monthly confidence survey saying they expected the economy to improve over the coming year. This was up from a net 15% positive in July.

Of the respondents, 59% said they expected the economy to improve over the next year, 24% expected it to stay the same, and 17% expected it to get worse. This was compared to 42%, 31% and 27%, respectively, in July.

Here is a link to the full survey, including comments from respondents. There were 657 repondents to this month's survey, which is conducted with BNZ 'Weekly Overview' readers.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment in the box on the right or click on the "'Register" link at the bottom of the comments. Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making these comments.