Page 26 - Craig Ebert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Photo: 123rf The BNZ-BusinessNZ Performance of Services Index rose 2.3 points in June from May to 58.6, well above its long term average. Only once before has the three-month average been stronger than it was now, and that was in the June quarter of 2007. A reading above 50 indicates the service sector is generally expanding. BusinessNZ chief executive Kirk Hope said: "While the key indicators show very healthy expansion, comments from respondents were very similar to its sister survey, the PMI, highlighting staff/skills shortages and general logistics issues". BNZ senior economist Craig Eber...

Business confidence continues to hold up in the face of rising inflation pressures and supply issues.

BusinessNZ Our Family The BusinessNZ family has its roots in four large regional organisations of member businesses that together cover the entire country. By joining the regional business organisation in your area, you automatically become a member of BusinessNZ.Join now New Zealand's manufacturing sector continued in expansion mode during April, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for April was 58.4 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining).  Wh...

Manufacturing sector activity continues to expand © RNZ The BNZ-Business New Zealand Performance of Manufacturing Index for April was 58.4 points, down 5.2 points from March, but well into expansion. It was the second highest reading since July when the country came out of lockdown, with any reading above 50 indicating expansion. The expansion continued to be driven by strong gains in production and new orders, while employment and finished stocks were similar to March levels. Manufacturing NZ executive director Catherine Beard said "comments continued to outline demand side influences, wit...

Photo: 123RF The BNZ-Business NZ Performance of Services Index (PSI) for March was 52.4 points, which was up 2.7 points from February and the strongest result since July. However it was below the long-term average of 53.8, with a reading above 50.0 indicating the service sector was generally expanding. The move back into expansion was in line with last month's manufacturing sector activity, which soared to record levels, towering over the long-term averages for production and new orders. New orders, sales and employment also led the services sector back into expansion, while supplier deliveri...