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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

Manufacturing’s share of GDP hits historic low

New Zealand’s manufacturing sector has been slow to adopt new technologies.

New report says greater use of new technologies needed to boost manufacturing.

Brent Edwards Thu, 19 Oct 2023

Total revenue from manufacturing is continuing to rise but the sector lags behind others when it comes to productivity growth.

The latest advanced manufacturing report from the Technology Investment Network (TIN) found that labour productivity annual growth averaged 0.92% over the past 10 years

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Brent Edwards Thu, 19 Oct 2023
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Manufacturing’s share of GDP hits historic low
Economics,
101299
true