Photo: File imageCanterbury households are the most optimistic in the country about their region’s economic prospects for the next 12 months. The latest Westpac McDermott Miller regional economic confidence report recorded overall regional confidence had dipped across New Zealand as the country re-entered a nationwide lockdown during the September quarter. But Canterbury’s regional confidence increased in the September quarter, topping the nationwide table. Confidence lifted 20 points, with a net 25 per cent of households feeling positive about the region’s upcoming economic prospects. Photo: SuppliedRegional economic confidence reflects the difference between the percentage of survey respondents expecting economic conditions in their region to improve and those expecting prospects to worsen over the next 12 months.

Source: Otago Daily Times October 04, 2021 01:27 UTC