BNZ Confidence Survey Results
Tony Alexander notes.......
BNZ Confidence monthly survey of "Weekly Overview" readers attracted 203 responses and found a strong net 45% feeling that the economy will be better in a year's time.
This is up from the late-March result of a net 25% positive and is suggestive of eventually some good employment and capital spending growth.
Here in Marlborough, although TvA has not done a formal survey of business confidence, we would characterise the Marlborough business community as cautiously optimistic about the next 12 months but not overly keen around borrowing to expand because existing debt levels at still too high.
For full Tony Alexander BNZ Confidence Survey Results go to: