Mixed Messages

12 Jul

There is no doubt that this economic blip has felt long winded and fairly drastic.  By all accounts folks are tired of the talk and keen to look on the bright side at this point.

There has been lots of talk about the easing of the recession and this has spurred hope for some positive economic indicators.  In actual fact, the expectation of this imminent recovery has made it difficult for our small to medium enterprises because while waiting for it to actually show up, energy and fund reserves dry up; in turn business confidence drops.

However, the Quarterly Survey of Business Opinion by the New Zealand Institute of Economic Research (NZIER) shows that optimists still outnumber pessimists, with a net 18% expecting the economy to improve. That figure is down from 22% in March.

Research has also shown that Kiwis are a strong and an innovative bunch who choose to work longer hours and introduce new products and services into their business.  Expect some wee gems to be born of these hard times; the concept of pressure producing diamonds is not to be sniffed at.

Another positive sign is that Trade Me Jobs has had a 29%increase in jobs listed.  After serious down-sizing, businesses are now gearing up to take advantage of the proposed growing market.  Historically, welcoming contractors and part time staff back on board is an indication of improvement of the  economic state of play.  Hear, hear.

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