Recovery continues to disappoint as growth slows - Quarterly Survey of Business Opinion, September 2012
09 October 2012
NZIER’s Quarterly Survey of Business Opinion (QSBO) shows economic activity slowed in the September 2012 quarter. Businesses remain gloomy (-5% from -1%, seasonally adjusted). The trading activity indicator for the September quarter dropped (-7% from 0%, seasonally adjusted). This suggests annual GDP growth will slow from a solid 2.6% in the June 2012 quarter towards 1.5% in the second half of 2012.
The full results from the survey are available to NZIER members only.