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Extraordinary Growth Signalled in Business Survey

19th February, 2014

Media Release: For Immediate release


Extraordinary Growth Signalled in Business Survey

A survey of more than 800 business’ over the last 48 hours in Auckland reveals some extraordinary results.

71% of survey respondents believe that the general business situation in New Zealand will continue to improve over the next six months, an increase from 61% last quarter. This response is also matched by 68% of respondents believing that their own personal business situation will see a direct improvement in the coming six months, another rise in confidence from the last survey in Nov 2013 which reported 63%.

“Businesses are gearing up for a greater investment of time, increased profitability and are looking ahead to improved export opportunities” Michael says “But it seems we still have a long way to go to resolve the problems around skilled staffing shortages”.

The survey also revealed:

Intentions to employUP
Hours to be workedUP
CostsUP
Selling PricesUP
ProfitabilityUP
SalesUP
ExportsUP

ENDS

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