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Te Waka Economic Radar 4 December 2020

As the year comes to an end, the latest statistics on the Waikato and New Zealand economy provide a stronger picture than many would have predicted during the lockdown period of COVID-19.

Reassuring signs of stability in recent indicators for the Waikato region including the continuation of spending, increasing jobs advertised, solid export performances and year-on-year unemployment figures show the Waikato economy as performing better…. relative to what we expected or were warned to expect.

A note of caution, while we head into the Christmas period somewhat optimistic we must remain cautiously optimistic as the remainder of the world grapples to bring the COVID-19 virus under control and the timeframes for uncertainties and our borders re-open will see us head into 2021 with an uncertain outlook.

Thank you to all those who have taken an interest in the Radar since its inception, have a safe Christmas break and we note that in 2021 the first Radar will be published at the close of the March quarter (first week of April) as we move to a Quarterly publication.

Download the full report here

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The Waikato is full of people and businesses doing great things. Their stories help build our understanding of the strength of the Waikato and the benefits of living, studying, visiting or doing business here.