A podcast discussion on the services sector's continued contraction in April, highlighting mixed signals such as expanding new orders and manufacturing hiring, while attributing broader economic weakness to global fuel market instability.
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Verbatim segments from politicians speaking on podcasts and radio shows about this topic. Sourced via the voice-reference library — each speaker has been confirmed manually from their voice clip. Click play to stream the original audio from the publisher, pre-seeked to the moment the quote starts.
Yes. Well, look, there's always hope. Uh, and we'll take any any positives out of it. But yes, you're right, it is still in contraction. And uh, of course, with services, it's a very big part of the New Zealand economy. So the uh the the other good bit of news in that though was that the new orders were just an expansion at 51. Um, and sometimes that can mean that next month's data's gonna be better.
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positive signal for future growth
Catherine Beard: BusinessNZ Advocacy Director on the services sector continuing to contract in AprilSpotted something wrong on this page? Report a correction.
