NZD NZIER Business Confidence
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Above 0 indicates optimism, below indicates pessimism. Source changed series from seasonally adjusted to non-seasonally adjusted as of Jul 2003. Report is only available to NZIER members;
- NZD NZIER Business Confidence Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Apr 8, 2024 | -25 | -2 | |
Jan 15, 2024 | -2 | -52 | |
Oct 2, 2023 | -52 | -63 | |
Jul 3, 2023 | -63 | -66 | |
Apr 3, 2023 | -66 | -70 | |
Jan 16, 2023 | -70 | -42 | |
Oct 3, 2022 | -42 | -65 | |
Jul 4, 2022 | -65 | -40 |
-
- NZD NZIER Business Confidence News
- From interest.co.nz|Apr 9, 2024
Latest NZIER Quarterly Survey of Business Opinion suggests the post-election bounce in business confidence was short-lived. Business confidence is waning in the face of weak demand. Worse, all this is coming without relief in inflation. Cost increases over the last three months remained high, and expectations ticked higher again this quarter. Adjusting: Under-fire milk processor Synlait reduced the size of its senior leadership team by two at the end of February (from 10 to 8). Today it announced who were filling the roles that were ...
- From nzier.org.nz|Apr 8, 2024
The latest NZIER Quarterly Survey of Business Opinion (QSBO) indicates the post-election bounce in business confidence and activity seen in the final quarter of last year was short-lived. A net 24 percent of businesses in the March quarter expect a deterioration in the general economic outlook over the coming months on a seasonally adjusted basis. Firms’ own trading activity was similarly sobering, with a net 23 percent of firms reporting a decline in activity over the March quarter. This is a marked turnaround from the net 7 percent ...
- From nasdaq.com|Jan 15, 2024
New Zealand's business confidence in the fourth quarter improved significantly but remains slightly pessimistic, a private think tank said on Tuesday. A net 2% of firms surveyed expected general business conditions to deteriorate compared with 52% pessimism in the previous quarter, the New Zealand Institute of Economic Research's quarterly survey of business opinion showed. Christina Leung, principal economist at the think tank, said that the institute expects inflation to return to the Reserve Bank of New Zealand’s target of 1% to ...
- From nzier.org.nz|Jan 15, 2024
The latest NZIER Quarterly Survey of Business Opinion (QSBO) showed a sharp pick-up in business confidence over the final quarter of 2023. While a net 10 percent of firms are still expecting a worsening in general economic conditions over the coming months on a seasonally adjusted basis, this is a significant decrease from the net 49 percent in the previous quarter and the net 79 percent a year ago. This significant improvement in business confidence is amidst increased demand, with a net 6 percent of firms reporting an increase in ...
- From nzier.org.nz|Oct 2, 2023
The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows business confidence improved further over the September quarter, although the sentiment is still generally downbeat. On a seasonally adjusted basis, a net 53 percent of businesses expect a worsening in general economic conditions over the coming months – down from 60 percent in the previous quarter. Demand remains soft, with a net 17 percent of businesses reporting reduced activity in their own business in the September quarter. A net 14 percent also expect weaker ...
- From nzier.org.nz|Jul 3, 2023
The latest NZIER Quarterly Survey of Business Opinion shows business confidence continued to pick up over the June 2023 quarter but from low levels. On a seasonally adjusted basis, a net 59 percent of businesses expect deterioration in general economic conditions over the coming months. However, firms’ own trading activity remains subdued, with a net 13 percent reporting reduced activity in the June quarter on a seasonally adjusted basis. Also, an increased proportion of businesses expect activity in their own activity to decline in ...
- From nzier.org.nz|Apr 3, 2023
The latest NZIER Quarterly Survey of Business Opinion (QSBO) showed some positive developments, with both business confidence and firms’ own trading activity recovering slightly from the weak level seen in the December quarter. The survey also indicated signs of capacity pressures easing in the New Zealand economy as demand further weakened in the first quarter of 2023. This suggests that the increases in the Official Cash Rate (OCR) by the Reserve Bank since November 2021 have started to have a more apparent impact on dampening ...
- From stuff.co.nz|Jan 16, 2023
Business confidence has sunk to its lowest level since the New Zealand Institute of Economic Research began surveying sentiment in 1970, on a seasonally adjusted basis, the research firm says. NZIER said its latest quarterly survey of business opinion made for grim reading, with a net 73% of businesses expecting conditions to worsen over the coming months. “Business confidence is the weakest in the history of the survey,” NZIER principal economist Christina Leung said. “Firms have become much more cautious and are now looking to ...
Released on Apr 8, 2024 |
---|
Released on Jan 15, 2024 |
---|
Released on Oct 2, 2023 |
---|
Released on Jul 3, 2023 |
---|
Released on Apr 3, 2023 |
---|
Released on Jan 16, 2023 |
---|
- Details