Source-linked briefing Business

New Zealand’s Construction Sector Contracts, Recovery Unlikely This Year

New Zealand’s Construction Sector Contracts, Recovery Unlikely This Year

New data show New Zealand’s building and construction industry has shrunk over recent years, with limited signs of near-term improvement. Credit agency Centrix’s Keith McLaughlin cites factors including election uncertainty, higher interest rates, and weak business conditions.

Original headline

Inside New Zealand's shrinking building and construction industry