NZ: Improvement in regional economic confidence - Westpac

According to the Westpac-McDermott Miller Regional Economic Confidence survey for NZ economy, regional economic confidence picked up in the December 2018 quarter, notes the research team at Westpac.

Key Quotes

“All eleven regions posted an improvement in regional economic confidence.”

“Households in New Zealand’s most southern regions and on the east coast of the North Island are the most confident.”

“Consumer confidence, which measures households’ views of their personal economic circumstances, rose in ten of eleven regions, with households reporting an increased appetite for spending.”