Cruise season providing boost for local businesses
Recent research on the economic and social impact of cruise tourism shows the 2023/2024 season generated over $5 million for the local economy.
Canterbury exporters tackle rising costs with innovation, optimism for growth
Canterbury’s exporters are cautiously optimistic about the coming year, with 51% expecting their export orders to increase in the next twelve months, according to a recent export survey.
Economic outlook brightens as interest rates start falling
Canterbury businesses are showing renewed optimism about the economy, according to the latest Business Canterbury survey.
NZ businesses shift focus from survival to growth
2degrees’ Shaping Business Study reveals increased optimism and investment in innovation and digital skills.
Christchurch’s GDP growth still outperforming national average
According to the latest ChristchurchNZ Quarterly Economic Report, economic activity in Christchurch has continued to soften, although the city’s GDP growth is still outperforming the national average.
Selwyn demonstrates resilience amidst economic challenges
Selwyn’s economy shows remarkable resilience in the face of economic headwinds, according to recent Infometrics provisional GDP estimates.
SME confidence rise muted as green shoots eclipsed by cost concerns
SMEs’ expectations around New Zealand’s economic performance over the next 12 months have changed significantly compared to this time last year, and the financial health of businesses is also on the up – but cost pressures continue to cause concern, according to new data from MYOB’s Annual Business Monitor.
Economic snapshot of the region
ChristchurchNZ recently released its Quarterly Economic Report, providing a snapshot of the Christchurch and Canterbury economy and how it compares to the rest of New Zealand. So what does this mean for local businesses?
Business confidence positive, but with headwinds looming
Business Canterbury released the results of its March Quarterly Canterbury Business Survey, highlighting generally positive business confidence, but also some potential headwinds coming as the effects of rising costs and dwindling consumer demand bed in.
Selwyn businesses anticipating brighter outcomes this year
Selwyn businesses are expecting trading conditions to improve over the next six months, according to respondents in the latest Selwyn Business Survey.
