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Te Waka Business Sentiment Survey

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Waikato Sentiment Survey Results
September 2020

The survey of 589 Waikato business owners and managers has found that while overall economic sentiment is pessimistic, Waikato businesses are more optimistic about Waikato and sector performance than they are about the New Zealand economy as a whole.

This optimism is demonstrated by businesses signalling they are actively recruiting new staff, despite an environment of skill shortages and overall sales sitting below 2019 levels.  Businesses’ lack of planning for future scenarios, however, is of concern. 

Download the survey results for Waikato below

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Te Waka Economic Radar 3 July 2020

As at 3 July, New Zealand is midway through its fourth week at Alert Level 1 status.

Te Waka, with the support of Waikato Regional Council Economists Blair Keenan and Sarah MacKay, continues to collate data to gauge what is happening in the Waikato economy. Charts in today’s Radar show some improvement and stabilisation of trends over the past few weeks.

Due to COVID-19’s relatively stable nature in NZ and to account for various data sources’ schedules of releasing data, we have made the decision to move to publishing Economic Radars on a monthly basis.

Reports are to be published on the first Friday of each month, our next report due 7 August.

As discussed in our last report, there remains uncertainty surrounding:

  1. International Markets – many countries’ health and economic challenges relating to COVID-19 are still developing / at a relatively early stage.
  2. COVID-19 Free NZ – Over the past two weeks, NZ has had 23 new cases of COVID-19. Uncertainty remains as to whether these cases can be contained and whether additional cases will emerge under our ‘less restrictive’ Alert Level 1 environment.
  3. Post Government Survival Investment Stability – Central Government has invested in a number of initiatives to support business survival. Uncertainty remains around the long-term impact / effectiveness of these initiatives.

To provide feedback or find out more on the below information please contact:
Michelle Hollands michelle.hollands@tewaka.nz   

Download the full report here

Te Waka Economic Radar 3 July 2020

As at 3 July, New Zealand is midway through its fourth week at Alert Level 1 status.

Te Waka, with the support of Waikato Regional Council Economists Blair Keenan and Sarah MacKay, continues to collate data to gauge what is happening in the Waikato economy. Charts in today’s Radar show some improvement and stabilisation of trends over the past few weeks.

Due to COVID-19’s relatively stable nature in NZ and to account for various data sources’ schedules of releasing data, we have made the decision to move to publishing Economic Radars on a monthly basis.

Reports are to be published on the first Friday of each month, our next report due 7 August.

As discussed in our last report, there remains uncertainty surrounding:

  1. International Markets – many countries’ health and economic challenges relating to COVID-19 are still developing / at a relatively early stage.
  2. COVID-19 Free NZ – Over the past two weeks, NZ has had 23 new cases of COVID-19. Uncertainty remains as to whether these cases can be contained and whether additional cases will emerge under our ‘less restrictive’ Alert Level 1 environment.
  3. Post Government Survival Investment Stability – Central Government has invested in a number of initiatives to support business survival. Uncertainty remains around the long-term impact / effectiveness of these initiatives.

To provide feedback or find out more on the below information please contact:
Michelle Hollands michelle.hollands@tewaka.nz   

Download the full report here

The next Waikato Business Sentiment Survey will take place in February 2021, please sign up to our database to ensure you can provide your feedback.

Here at Te Waka, we are wanting to understand the sentiment of Waikato businesses in the current environment.


 We want to understand the sentiment of Waikato businesses in the current environment. This will help us to develop support programmes and services that our business community may require to survive, revive and grow.
 
To do this, we would love it if you could take part and provide your valuable business insights.
 
Your responses are confidential and the results of this survey will only be used at a grouped level.
 
Please note that we are collaborating with our other Waikato partnership agencies to reach as many Waikato businesses as possible so you may receive an invite to join this survey more than once.