Business NZ

Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started

Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started

An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump

An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump

New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter

New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter

Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession

Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession

Weaker manufacturing orders "signal worsening GDP outlook" says BNZ

Weaker manufacturing orders "signal worsening GDP outlook" says BNZ

The services sector again contracted slightly in the last month and is 'a long way from being back to full health'

The services sector again contracted slightly in the last month and is 'a long way from being back to full health'

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

The services sector expanded slightly in January, as did the manufacturing sector - results that point toward an economic recovery later in the year

The services sector expanded slightly in January, as did the manufacturing sector - results that point toward an economic recovery later in the year

Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well

Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well

Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction

Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction

Activity levels in New Zealand's economic engine room remain at contractionary levels

Activity levels in New Zealand's economic engine room remain at contractionary levels

Activity in New Zealand’s services sector 'inched its way higher' during August

Activity in New Zealand’s services sector 'inched its way higher' during August

While service sector activity recovered a little last month from the 'horrendous' June results, the Performance of Services Index is still below the levels seen during the Global Financial Crisis

While service sector activity recovered a little last month from the 'horrendous' June results, the Performance of Services Index is still below the levels seen during the Global Financial Crisis

Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns

Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns

Long-running survey records the worst ever non-Covid-affected level of activity for the services sector; 'This tells of a services sector in reverse at pace'

Long-running survey records the worst ever non-Covid-affected level of activity for the services sector; 'This tells of a services sector in reverse at pace'