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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.

Tags: Business Confidence, Tony Alexander

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This entry was posted on Tuesday, August 11th, 2009 at 2:18 pm and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.