Te Waka Business Sentiment Survey - August 2021
During the COVID-19 lockdown period, Te Waka, Waikato’s Regional Economic Development Agency partnered with a number of organisations to understand the sentiment of Waikato businesses assessing confidence and future plans. The aim to complete a six-monthly survey tracking the Waikato’s progress to develop support programmes and services that our business community can utilise to thrive and grow.
The latest online survey of 504 Waikato business owners and managers conducted during the August 2021 Level 4 Lockdown has revealed that business confidence has declined considerably, although not to the levels previously seen in the first sentiment survey of August 2020.
Survey results - Waikato Region
Sentiment Survey News
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Confidence takes a tumble in latest Waikato Rapid Sentiment Survey
A survey conducted amongst 504 businesses in the Waikato last week indicates business confidence has fallen sharply in the latest lockdown, with Net Confidence[1] in the economy declining to -20% today from +3% in March this year, but still better than the -31% during last year’s second lockdown in August 2020.
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Waikato businesses more optimistic about regional economy than six months ago
Regional economic development agency Te Waka’s second Waikato Business Sentiment Survey shows business owners and managers are significantly more optimistic about their sector and the region’s economic performance than they were six months ago, but remain less confident in the country’s economic performance as a whole.
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Waikato business survey reports mixed signals
A survey of 589 Waikato business owners and managers has found that while overall economic sentiment is pessimistic, the region’s businesses are more optimistic than their counterparts across New Zealand.
Related news
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Waikato Economic Radar Oct-Dec 2021
We are writing this summary on Valentine’s Day, as the gift that is Omicron really starts to show its bite. It is no longer just a covid story. We have largely dodged the health bullet to date. But the reality of Omicron, and rapidly accelerating exposures, close contacts, and impact on businesses ability to keep their doors open is now palpable.
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Confidence takes a tumble in latest Waikato Rapid Sentiment Survey
A survey conducted amongst 504 businesses in the Waikato last week indicates business confidence has fallen sharply in the latest lockdown, with Net Confidence[1] in the economy declining to -20% today from +3% in March this year, but still better than the -31% during last year’s second lockdown in August 2020.
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Te Waka Economic Radar July 2021
As the New Zealand economy continues its recovery from the Covid-recession, the Waikato region does likewise. After falling in the December 2020 quarter, GDP bounced back in the March quarter, with the construction and retail and wholesale trade sectors leading the way.
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Te Waka Economic Radar April 2021
As we finish up the first quarter of 2021, the latest statistics on the Waikato and New Zealand economy continue to provide a stronger picture than many would have predicted during the lockdown period of COVID-19.