Surprise March quarter construction activity drop signals lower GDP growth
Building work completed has essentially been flat for the past three quarters.
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Hawke’s Bay
An unexpected drop in latest building statistics, reinforced by a surprise fall in March quarter retail sales, are portents to a drop in GDP growth, economists say.
Recent commentaries, such as ANZ’s weekly review, are taking a “one the one hand…” approach; neither predicting a downturn nor
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Nevil Gibson
Wed, 06 Jun 2018
Wed, 06 Jun 2018
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Surprise March quarter construction activity drop signals lower GDP growth
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