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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Drought-driven downturn overly pessimistic, says economist

The forecast big dry this summer is unlikely to hit the economy as badly as previous, similar weather did.
 
Westpac economist Michael Gordon talks about a drought-driven downturn on NBR Radio and on demand on MyNBR Radio.

Rob Hosking
Thu, 22 Oct 2015

What's the story behind the story? Click the NBR Radio box for on-demand special feature audio.

The forecast big dry this summer is unlikely to hit the economy as badly as previous, similar weather did.

NIWA is forecasting an El Nino weather pattern this summer similar to the years 1972-73,

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Rob Hosking
Thu, 22 Oct 2015
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Drought-driven downturn overly pessimistic, says economist
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