Welcome to the February 2 edition of the BNZ Weekly Overview.
This week we are running our first BNZ Confidence Survey for 2006. If you have about 30 seconds to spare please click on the URL below and tell us whether you believe the economy is going to get better or worse over the next twelve months. More importantly, let us know what industry you are operating in and how are you see conditions in your industry at the moment. These comments are exceptionally valuable and form the bulk of the report which we will be putting out on the survey early next week.
In this week's Overview we take a look at why we believe one would be unwise to compare the 1998 downturn in the economy with this downturn. The NZD has done nothing of major interest over the week while interest rates are also little changed.