NZIER’s QSBO shows improved business confidence as interest rates ease - October 2024

The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a marked improvement in business confidence in the September quarter. A net 5 percent of firms expect a deterioration in general economic conditions over the coming months on a seasonally adjusted basis. This is a significant drop from the net 40 percent of firms feeling downbeat in the June quarter.