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16 Sep 2025 11:57
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      Home > News > Business

    Our largest sector is continuing to do it tough

    Our largest sector is continuing to do it tough


    Latest data from BNZ and Business NZ shows our services sector -- which makes up almost three quarters of the economy -- has contracted for the 18th consecutive month.

    Our manufacturing sector is also back in contraction, after a period of growth.

    Business NZ Chief Executive Katherine Rich says we're still seeing a tale of two economies.

    She says the primary sector is doing quite well, but the services sector is continuing to face challenges.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 Sep: Watties has explained its decision to suddenly end contracts with local peach suppliers
     16 Sep: An importer has been hit with a 140-thousand dollar fine after selling small toy cars, that young children could choke on
     16 Sep: New Zealanders are spending less of their income on vehicle insurance, than they were a year ago
     16 Sep: No sign of a turnaround yet, for many parts of our economy
     15 Sep: Clients and subscribers of former financial adviser David McEwen are being urged to check their bank statements for unauthorised payments
     15 Sep: The economic downturn is affecting some regions more than others
     15 Sep: Ryman Healthcare has bailed on plans for a 240-million-dollar retirement village in one of the most prestigious parts of Christchurch
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    Netball New Zealand board chair Matt Whineray claims stood-down coach Dame Noeline Taurua was aware of the investigation into the Silver Ferns environment, despite reports to the contrary More...

    BUSINESS BUSINESS
    Watties has explained its decision to suddenly end contracts with local peach suppliers More...


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