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Building a picture of New Zealand manufacturing

Gael Price
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Gael Price: Reserve Bank of New Zealand, http://www.rbnz.govt.nz

No AN2012/11, Reserve Bank of New Zealand Analytical Notes series from Reserve Bank of New Zealand

Abstract: New Zealand manufacturing activity fell sharply in the 2008/09 recession, and there has been only a modest recovery since then (something seen in other countries too). Exports of (non-primary) manufactured goods have held up relatively well, but domestic production and sales have been weak. Our analysis suggests that the very weak domestic construction sector can explain much of the continued weakness in manufacturing activity.

Pages: 19 p.
Date: 2012-11
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Handle: RePEc:nzb:nzbans:2012/11