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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 2 October 2020

As we reach the close of the third quarter of 2020, the latest statistics on the New Zealand economy give us a picture of the depth of the recession in the first half of the year, with the domestic economy contracting 12.2% in the June quarter. GDP is the topic of the month, and while the contracting economy is no surprise with the strict lockdown measures, NZ’s performance is perhaps a little better than expected when compared with The Treasury’s Budget forecasts back in May (green line in graph below left). The September Pre-election Economic and Fiscal Update expects GDP to rebound in the next quarter.

Download the full report here

Te Waka Economic Radar 2 October 2020

As we reach the close of the third quarter of 2020, the latest statistics on the New Zealand economy give us a picture of the depth of the recession in the first half of the year, with the domestic economy contracting 12.2% in the June quarter. GDP is the topic of the month, and while the contracting economy is no surprise with the strict lockdown measures, NZ’s performance is perhaps a little better than expected when compared with The Treasury’s Budget forecasts back in May (green line in graph below left). The September Pre-election Economic and Fiscal Update expects GDP to rebound in the next quarter.

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.