This morning’s Quarterly Survey of Business Opinion (QSBO) was solid. There were plenty of wiggles across the wide range of indicators in the survey. No wonder given the big influences of the Canterbury rebuild, drought, fiscal tightening, strong NZD, and low interest rates pushing and pulling various regions and sectors. On balance, we read the survey as about as strong as was the case three months ago.
Read the full report: Economic Research
SEB