From ANZ, the New Zealand Business Outlook Survey for July
- Both confidence and activity down a little on June, ANZ saying this is a normal seasonal effect
ANZ citing labour markets skills in short supply, higher cost of construction as negatives, higher prices for dairy as positives
- Firms remain very upbeat about their own prospects, and are keen to hire and invest.
- Growth prospects across the economy remain firm
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ANZ's Business Outlook Survey
- Conducted monthly
- Around 1,500 businesses nationwide
- Used as leading barometer for the economy
