Page 29 - Craig Ebert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Activity in New Zealand’s services sector fell back into contraction during November, according to the BNZ - BusinessNZ Performance of Services Index (PSI). The PSI for November was 46.7, which was down 4.1 points from October (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 t...

Photo: Facebook / Glenfield Mall The BNZ-Business NZ Performance of Services Index (PSI) fell by 4 points in October to 46.7, its lowest level since May. A reading above 50 indicated growth, while anything below signalled contraction. BNZ senior economist Craig Ebert said the congestion in global supply routes is hurting the sector, with small firms feeling the pinch more than their larger counterparts. "The component that's often not looked at very closely was the weakest, supply of deliveries, so the delivery system is getting a bit slower but also activity sales were down... and inventory ...