---
title: NZIER’s QSBO shows a continued deterioration in business confidence - Quarterly Survey of Business Opinion, July 2024
description: The latest NZIER QSBO points to a further decline in business confidence in the June quarter as higher interest rates continue to dampen demand across the NZ economy.
---

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# [NZIER’s QSBO shows a continued deterioration in business confidence - Quarterly Survey of Business Opinion, July 2024](https://www.nzier.org.nz/news/qsbo-shows-a-continued-deterioration-in-business-confidence)

 Written by [The NZIER Team](https://www.nzier.org.nz/news/author/the-nzier-team) | July 01, 2024

The latest NZIER *Quarterly Survey of Business Opinion*  points to a further decline in business confidence in the June quarter as higher interest rates continue to dampen demand across the New Zealand economy. A net 35 percent of firms expect a deterioration in the general economic outlook over the coming months on a seasonally adjusted basis.

[View full post](https://www.nzier.org.nz/news/qsbo-shows-a-continued-deterioration-in-business-confidence)

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