Confidence Rebound Augurs Well For Economy
Tuesday, 17 July 2001, 11:20 am
Press Release: New Zealand Government
"The seasonally adjusted rebound in the Quarterly Survey of
Business Opinion to plus 16 percent in the June quarter is
significant and bodes well for economic growth in the second
half of this year," Finance Minister Michael Cullen said
today.
”Manufacturers expectations about their export
sales for the next three months have risen eight points to
38 percent.
"This suggests that the trade balance will
remain strong following the record $3.23 billion export
receipts recorded in May," Dr Cullen said.
Ends
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