The first BNZ confidence survey of the year has found the
same ''very high level'' of confidence about the economy as did
the last survey of 2013, BNZ chief economist Tony Alexander
A net 68% of the 543 respondents expected the economy to be
in better shape in a year's time.
A year ago, the result was a net 32% positive.
''In fact, in this survey on 33 people think the economy will
deteriorate in the coming year, 402 see improvement and 108
feel things will remain unchanged.''
The survey was taken on January 28 and the 543 participants
were down on the 577 in November but well up on the September
and October surveys.
As could be expected, agricultural services, architecture,
construction and engineering BNZ clients all said they were
busier with increased spending and a shortage of staff being
Manufacturing was busier but exporters were worried about the
high value of the New Zealand dollar.
Residential real estate listings were rising but there were
plenty of comments stock is not high enough.
Tourism, travel and accommodation reported positive comments
and vehicle and automotive sectors were ''looking more