Signs of strengthening in the local economy

The North Shore Economic Monitor is a monthly summary that records trends in economic indicators and business confidence. It is prepared by APR Consultants, for Enterprise North Shore. The Monitor features commentary that describes the trends within North Shore's economy and a separate commentary that presents the trends in national economic indicators. Included is an economic growth model that compares New Zealand’s estimated economic growth against the estimated economic growth for North Shore City.

An explanation of how this is calculated is available here.

August 2006

Signs of strengthening in the local economy
The annual average growth rate in North Shore's index for the year ended June 2006 shows that the level of business activity in North Shore's economy has strengthened slightly over the past two months.
Download the full report for August 2006

July 2006

Prospect of increased impact from exports
Economic projections indicate the New Zealand economy will rebalance with GDP growth, switching from being driven by domestic consumption to being led by returns from exporting.
Download the full report for July 2006

June 2006

North Shore activity rebounding along with national economy
Key economic indicators for May 2006 suggest that activity in most areas of North Shore's economy have rebounded, mirroring a national trend.
Download the full report for June 2006

May 2006

Mitigating influences for slowing local economy
A slowdown in the local economy is being mitigated in the short-term by increased government spending on family support, the healthy state of household balance sheets, a tight labour market and strong wage growth.
Download the full report for May 2006

April 2006

Exporting picks up momentum
While domestic focused sectors such as the residential building market have slowed, export activity has started to gain momentum. A gradual easing in monetary conditions is xpected to help the New Zealand economy rebound over the medium term.
Download the full report for April 2006

March 2006

Local economy continues to mimic the national economy
Economic indicators are showing a continued slowing of the local economy. Overall, economic growth in the North Shore economy for the year to January 2006 was slightly above that of the national economy over the same period.
Download the full report for March 2006

February 2006

Steady and sustained growth in local economy
For the year to December 2005, the local economy grew by 2.9% which was marginally above the national average growth rate of around 2.8% over the same period. North Shore’s housing construction market also strengthened while the number of car registrations edged slightly higher in January 2006.
Download the full report for February 2006

January 2006

North Shore ahead of twelve-month growth
While Auckland Region's exports edged lower in the last month of 2005, the rate of economic growth in the North Shore economy for the year ended November 2005 was greater than the rate of economic growth that occurred in the national economy over the same time period.
Download the full report for January 2006

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