Media Release: Sluggish start to the year for regional economies

The summer of 2020/21 provided a boost to a number of regional economies even as traditional tourism hotspots remained hard hit by the loss of international tourism. The latest Infometrics Quarterly Economic Monitor points to a faltering in the overall economic recovery, with a further divergence across New Zealand. Some parts of the country have continued to recover further but other areas show patches of softer economic activity.

Media Release: Regional economies bouncing back, but not everywhere is going so well

The New Zealand economy continues to chart a more optimistic and upbeat path, as restrictions on economic and social activity remains lower than almost anywhere globally. The latest Infometrics Quarterly Economic Monitor shows regional economic activity in the December quarter continue to improve, although the hit to different areas is become starker, with tourism-related industries still feeling a much harder hit than other sectors.

Media Release: NZ’s economic outlook astounding and enviable

The New Zealand economy has entered 2021 on a strong footing, having dodged a missile last year from COVID-19, according to Infometrics’ latest forecasts. The massive fiscal and monetary stimulus put in place last year, combined with our good public health outcomes, has limited the number of job losses, boosted the housing market and construction activity, and underpinned a strong rebound in economic activity after lockdown.

Media Release: Strong rebound for regional economic activity, but path ahead remains uncertain

New Zealand’s economy rebounded strongly in the September quarter, with regional economies showing renewed strength as they get back on their feet. The latest Infometrics Quarterly Economic Monitor points to a surge in activity as the economy’s resilience saw businesses and consumers swing back into action after a substantial hit in the June quarter.

Media Release: Double-dip recession next year, but housing rolls on

Despite rebounding well from the initial lockdown and effects of the COVID-19 pandemic so far, the New Zealand economy remains vulnerable, according to the latest projections from Infometrics. The company is forecasting a double-dip recession to hit during 2021, as delayed job losses punch a hole in consumer spending and drag economic activity lower.

Media release: Economic fall-out of COVID-19 to be fully felt in 2021

New Zealand’s successful public health response to the COVID-19 pandemic should not be taken to mean our economic struggles are over, according to Infometrics’ latest forecasts. Given that life has largely returned to “normal” at Alert Level 1, economic outcomes in the near-term will be better than initially feared. However, the full effects of the border closures, business failures, and job losses will only become apparent over the next 18 months.