Business confidence dips into negative territory - News Summed Up

Business confidence dips into negative territory


Business confidence has become a subject of much debate in 2018. The Wellington Regional Chambers of Commerce and Business Central survey of business confidence said more businesses expect the economy to worsen than expect it to improve in the next 12 months. A net negative 8 per cent of businesses across central New Zealand now expected the economy to worsen. READ MORE:* Business confidence bounce suggests 'the wheels are not falling off'* Should we care that business confidence is so low? Business confidence tends to be volatile and tends to be much stronger when National is in Government than Labour, irrespective of how the economy is actually performing.


Source: Stuff April 14, 2019 18:00 UTC



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