The New Zealand economy faces up to two years of consolidation following the COVID-19 pandemic, according to Infometrics’ latest forecasts released last week. Even with massive government intervention to cushion the downturn and stimulate a recovery, there is no way the economy can quickly and completely bounce back from the restrictions currently in place. Instead, the structural changes the New Zealand economy is undergoing will establish a new “normal” operating environment for businesses.
We will be hosting regular webinars (web seminars) for our clients. If your organisation would like to book a tailored Webinar, focused on your local area, sector or industry, we have time slots available.
The start of the year is always a busy time for Infometrics. This is when we provide major updates for a range of our services, including our Regional Economic Profiles, Sector Profiles, and release the first forecasts for the year.
Households could go into their shells over the next year as economic conditions worsen, with little to support spending growth in the near-term, according to Infometrics’ latest economic forecasts. The stagnating labour market and the potential for house prices to fall both threaten to drag consumer confidence further below its long-term average.
A new report from economic consultancy Infometrics highlights the stark divide in wellbeing between urban and rural New Zealand. Regional Wellbeing marks the first attempt to comprehensively report on wellbeing at a local level around New Zealand. It covers 30 indicators and draws from Infometrics’ online Regional Wellbeing Framework.
Infometrics welcomes Merzan Wadia to our team of economists. Merzan’s article “Fall, rise and decline: the story of New Zealand’s self-employment rate” appears in our March 2019 newsletter.
New Zealand is at the mercy of international economic trends more than at any time since 2011, according to Infometrics’ latest economic forecasts. On the domestic front, net migration is slowing, the housing market has softened, and the tight labour market means that capacity pressures are inhibiting further growth.
January/February is always a busy time for Infometrics. This is the time we update our Regional Economic Profiles and Sector Profiles, we also release the first forecasts for the year.
Infometrics is delighted with the news that Shaun Twaddle, Infometrics economist and director, recently won the Institute of Directors Wellington Branch Emerging Director Award 2019.
Infometrics welcomes David Friggens to the IT side of our team. David is a data analyst with a broad range of experience. Previously he worked at MBIE, Ministry of Education, and University of Waikato.
We chatted to David about what a day in his life is like…