Synchronised moderation a warning sign - Quarterly Survey of Business Opinion, October 2014
07 October 2014
The New Zealand economy is expanding, but the pace has moderated in the last six months according to the NZIER’s Quarterly Survey of Business Opinion (QSBO). Businesses are optimistic about future economic conditions, but less so than recently. Optimism has eased from a high of 52% in the December 2013 quarter to 20% in September – but this is still higher than the historical average ( 5%). QSBO is only available to NZIER members.
The media release can be read here.