Thursday, 20th February, 2014
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 employ | UP | ||
Hours to be worked | UP | ||
Costs | UP | ||
Selling Prices | UP | ||
Profitability | UP | ||
Sales | UP | ||
Exports | UP |
For more results of the Auckland Chamber of Commerce February 2014 Business Confidence Survey, please click here.
For more information contact Michael Barnett, mobile: 0275 631 150.
Michael Barnett, Chief Executive, Auckland Chamber of Commerce.