Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%. >_________________________________
and:
Robertson says latest GDP figures show economy has been well managedAltogetner a pointless post.
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a >recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%. _________________________________
and:
Robertson says latest GDP figures show economy has been well managedRevised figures? Who's? Because Robertson seems to have trouble counting past ten without taking his shoes off. May have Rich. A lot of people will disagree with you and the left wing Spinoff :)
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have managed the economy well,” he said.
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%. _________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have managed the economy well,” he said.
Rich80105 <Rich80105@hotmail.com> wrote: >>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%. >>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a >>recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have >>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
On Thursday, September 21, 2023 at 12:53:25?PM UTC+12, Rich80105 wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justRevised figures? Who's? Because Robertson seems to have trouble counting past ten without taking his shoes off. May have Rich. A lot of people will disagree with you and the left wing Spinoff :)
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase increases GDP. That is not helpful. What matters is productivity, or per capita GDP. Note that per capita GDP is still 1.4% below the September 2022 level.
On Wed, 20 Sep 2023 21:08:46 -0700 (PDT), JohnO <john...@gmail.com>Don't be silly Rich! They'll live in the 100,000 houses Labour will build in the next two weeks!
wrote:
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%. >> As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase increases GDP. That is not helpful. What matters is productivity, or per capita GDP. Note that per capita GDP is still 1.4% below the September 2022 level.There are certainly other influences, but you do put in perspective
Luxom saying that they will increase immigration significantly - but
without explaining where those immigrants will live - all he does has
more profits for landlords and property owners . . .
On Wed, 20 Sep 2023 19:24:24 -0700 (PDT), John BowesFunny that Labour leaves large government debt when they get tossed as you very well know. so stop lying and provide some evidence that doesn't just cover up and distract from your lies as is your usual trick!
<bowes...@gmail.com> wrote:
On Thursday, September 21, 2023 at 12:53:25?PM UTC+12, Rich80105 wrote:They show that NZ has done better than Australia, Canada, the USA etc.
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justRevised figures? Who's? Because Robertson seems to have trouble counting past ten without taking his shoes off. May have Rich. A lot of people will disagree with you and the left wing Spinoff :)
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%. >> As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
These are official numbers - no political influence during an election period.
Suck it up - it shows that Labour have been better economic managers
than National in their terms.
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyThe lost marbles are all yours Rich! Robertson is an even bigger liar than you are and the worst finance minister in NZ history!
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote: >>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justYou really are losing your marbles, Tony. He was commenting on a
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >>quarter showing the economy didn’t grow or shrink – it was a flat 0%. >>As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>economy in the March 2023 quarter. The quarter before, December 22, >>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>quarter, largely due to computer system design,” Stats NZ’s Jason >>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >>transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had >>predicted, with estimates largely ranging from 0.4% to 0.8%. >>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>Grant Robertson said today’s GDP figures show the Labour government >>has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a >>recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than >>expected. “The economy is turning a corner and showing its mettle in >>the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>Zealanders dealing with the cost of living while investing in our >>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>figures show that the economy was turning a corner. “Everyone knows >>how challenging the past few years have been… I believe that we have >>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
On Wed, 20 Sep 2023 21:08:46 -0700 (PDT), JohnO <johno1234@gmail.com>Your repetitive attacks on Luxon are silly - you have nothing substantive to say. Maybe you could criticise Chippy for a bit of balance - that would be fun.
wrote:
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase >>increases GDP. That is not helpful. What matters is productivity, or per capita
GDP. Note that per capita GDP is still 1.4% below the September 2022 level.
There are certainly other influences, but you do put in perspective
Luxom saying that they will increase immigration significantly - but
without explaining where those immigrants will live - all he does has
more profits for landlords and property owners . . .
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I doubt it - there is a challange for you. You will fail however.
<lizandtony@orcon.net.nz> wrote:
Rich80105 <Rich80105@hotmail.com> wrote: >>>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >>>quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>economy in the March 2023 quarter. The quarter before, December 22, >>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>>quarter, largely due to computer system design,” Stats NZ’s Jason >>>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >>>transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had >>>predicted, with estimates largely ranging from 0.4% to 0.8%. >>>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a >>>recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>>Zealanders dealing with the cost of living while investing in our >>>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>>figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have >>>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
He was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And this is no better. You believe he has no influence on "official" reports? You are naieve.
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
On Wed, 20 Sep 2023 19:24:24 -0700 (PDT), John Bowes
<bowes...@gmail.com> wrote:
On Thursday, September 21, 2023 at 12:53:25?PM UTC+12, Rich80105 wrote:They show that NZ has done better than Australia, Canada, the USA etc.
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justRevised figures? Who's? Because Robertson seems to have trouble counting past ten without taking his shoes off. May have Rich. A lot of people will disagree with you and the left wing Spinoff :)
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%. >> As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
These are official numbers - no political influence during an election period.
Suck it up - it shows that Labour have been better economic managers
than National in their terms.
On Wed, 20 Sep 2023 19:24:24 -0700 (PDT), John BowesTell that to the people of New ZEaland. You and Grant Robertson share the same arrogance. https://www.msn.com/en-nz/news/national/outraged-finance-minister-accused-of-insulting-kiwis-over-gdp-figures/ar-AA1h1CbC?rc=1&ocid=winp1taskbar&cvid=e373bbe586fa490ee682f9dbfdc37a93&ei=7
<bowesjohn02@gmail.com> wrote:
On Thursday, September 21, 2023 at 12:53:25?PM UTC+12, Rich80105 wrote:
Revised figures? Who's? Because Robertson seems to have trouble counting past >>ten without taking his shoes off. May have Rich. A lot of people will disagreehttps://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
with you and the left wing Spinoff :)
They show that NZ has done better than Australia, Canada, the USA etc.
These are official numbers - no political influence during an election >period.
Suck it up - it shows that Labour have been better economic managers
than National in their terms.
On Wed, 20 Sep 2023 19:24:24 -0700 (PDT), John BowesIt shows nothing of the sort - more fantasies.
<bowesjohn02@gmail.com> wrote:
On Thursday, September 21, 2023 at 12:53:25?PM UTC+12, Rich80105 wrote:
Revised figures? Who's? Because Robertson seems to have trouble counting past >>ten without taking his shoes off. May have Rich. A lot of people will disagreehttps://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
with you and the left wing Spinoff :)
They show that NZ has done better than Australia, Canada, the USA etc.
These are official numbers - no political influence during an election >period.
Suck it up - it shows that Labour have been better economic managers
than National in their terms.
Rich80105 <Rich80105@hotmail.com> wrote:
On Wed, 20 Sep 2023 21:08:46 -0700 (PDT), JohnO <johno1234@gmail.com> >>wrote:Your repetitive attacks on Luxon are silly - you have nothing substantive to >say. Maybe you could criticise Chippy for a bit of balance - that would be fun.
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:There are certainly other influences, but you do put in perspective
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase >>>increases GDP. That is not helpful. What matters is productivity, or per capita
GDP. Note that per capita GDP is still 1.4% below the September 2022 level. >>
Luxom saying that they will increase immigration significantly - but >>without explaining where those immigrants will live - all he does has
more profits for landlords and property owners . . .
Rich80105 <Rich80105@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I >doubt it - there is a challange for you. You will fail however.
<lizandtony@orcon.net.nz> wrote:
Rich80105 <Rich80105@hotmail.com> wrote: >>>>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >>>>quarter showing the economy didn’t grow or shrink – it was a flat 0%. >>>>As a recession requires two back-to-back quarters of negative growth, >>>>it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>>economy in the March 2023 quarter. The quarter before, December 22, >>>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>>>quarter, largely due to computer system design,” Stats NZ’s Jason >>>>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >>>>transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was >>>>also impacted by extreme weather events, fell in both the March and >>>>June quarters.”
The 0.9% growth is slightly higher than what most economists had >>>>predicted, with estimates largely ranging from 0.4% to 0.8%. >>>>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>>Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >>>>in the last quarter, meaning New Zealand technically skirted around a >>>>recession (though if you look one decimal point further, the economy >>>>did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than >>>>expected. “The economy is turning a corner and showing its mettle in >>>>the face of a deteriorating global environment and the impact of >>>>extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>>>Zealanders dealing with the cost of living while investing in our >>>>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>>>figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have >>>>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And >this is no better. You believe he has no influence on "official" reports? You >are naieve.
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
On Thu, 21 Sep 2023 06:43:19 -0000 (UTC), TonyChippy is desperately making promises he knows he'll never have to fulfill. The useless bugger should stick to photo ops of him filling his face!
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:Chippy has far more than just a bit of balance - Luxon is now showing
On Wed, 20 Sep 2023 21:08:46 -0700 (PDT), JohnO <john...@gmail.com> >>wrote:Your repetitive attacks on Luxon are silly - you have nothing substantive to
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >>>> a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth, >>>> it appears the economy may have escaped more lightly than expected, >>>> but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>> economy in the March 2023 quarter. The quarter before, December 22, >>>> showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>>> quarter, largely due to computer system design,” Stats NZ’s Jason >>>> Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline >>>> in the March quarter. Agriculture, forestry, and fishing, which was >>>> also impacted by extreme weather events, fell in both the March and >>>> June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>> Grant Robertson said today’s GDP figures show the Labour government >>>> has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >>>> in the last quarter, meaning New Zealand technically skirted around a >>>> recession (though if you look one decimal point further, the economy >>>> did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in >>>> the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>>> Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>>> figures show that the economy was turning a corner. “Everyone knows >>>> how challenging the past few years have been… I believe that we have >>>> managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase >>>increases GDP. That is not helpful. What matters is productivity, or per capita
GDP. Note that per capita GDP is still 1.4% below the September 2022 level.
There are certainly other influences, but you do put in perspective >>Luxom saying that they will increase immigration significantly - but >>without explaining where those immigrants will live - all he does has >>more profits for landlords and property owners . . .
say. Maybe you could criticise Chippy for a bit of balance - that would be fun.
that he cannot change course when the road goes around a bend; he is incapable of recognising good economic management; which he appears to measure by profits for wealthy property owners . . .
On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), TonyYou are following nobody else's lead - you start the abuse and you double down on it - always you!
<lizandtony@orcon.net.nz> wrote:
Rich80105 <Rich80105@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on >Robertson.
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I >>doubt it - there is a challange for you. You will fail however.
<lizandtony@orcon.net.nz> wrote:
Rich80105 <Rich80105@hotmail.com> wrote: >>>>>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >>>>>a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >>>>>quarter showing the economy didn’t grow or shrink – it was a flat 0%. >>>>>As a recession requires two back-to-back quarters of negative growth, >>>>>it appears the economy may have escaped more lightly than expected, >>>>>but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>>>economy in the March 2023 quarter. The quarter before, December 22, >>>>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>>>>quarter, largely due to computer system design,” Stats NZ’s Jason >>>>>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >>>>>transport, postal, and warehousing grew this quarter after a decline >>>>>in the March quarter. Agriculture, forestry, and fishing, which was >>>>>also impacted by extreme weather events, fell in both the March and >>>>>June quarters.”
The 0.9% growth is slightly higher than what most economists had >>>>>predicted, with estimates largely ranging from 0.4% to 0.8%. >>>>>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>>>Grant Robertson said today’s GDP figures show the Labour government >>>>>has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >>>>>in the last quarter, meaning New Zealand technically skirted around a >>>>>recession (though if you look one decimal point further, the economy >>>>>did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than >>>>>expected. “The economy is turning a corner and showing its mettle in >>>>>the face of a deteriorating global environment and the impact of >>>>>extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>>>>Zealanders dealing with the cost of living while investing in our >>>>>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>>>>figures show that the economy was turning a corner. “Everyone knows >>>>>how challenging the past few years have been… I believe that we have >>>>>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at >>>>least.
You really are losing your marbles, Tony.
You don't have a clue what I believe. But I do not believe the leaders of this particular government work to the same high standards of integrity that any previous government has. Yes, "any" previous government. If you trust this government you are a fool.The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. >>And
report that was published by the Public Service. He was not able to >>>affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
this is no better. You believe he has no influence on "official" reports? You >>are naieve.
accordance with normal timetables - it is common for data to come in
over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
On Thu, 21 Sep 2023 06:43:19 -0000 (UTC), TonyWhat a silly post. Do try to keep to the topic and the level of intellect that other posters display, you fall so far short it must embarrass you.
<lizandtony@orcon.net.nz> wrote:
Rich80105 <Rich80105@hotmail.com> wrote:
On Wed, 20 Sep 2023 21:08:46 -0700 (PDT), JohnO <johno1234@gmail.com> >>>wrote:Your repetitive attacks on Luxon are silly - you have nothing substantive to >>say. Maybe you could criticise Chippy for a bit of balance - that would be >>fun.
On Thursday, 21 September 2023 at 12:53:25 UTC+12, Rich80105 wrote:There are certainly other influences, but you do put in perspective
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >>>>> a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%. >>>>> As a recession requires two back-to-back quarters of negative growth, >>>>> it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>>> economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline >>>>> in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>>> Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >>>>> in the last quarter, meaning New Zealand technically skirted around a >>>>> recession (though if you look one decimal point further, the economy >>>>> did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in >>>>> the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have >>>>> managed the economy well,” he said.
NZ barely avoids technical recession by immigration. Population increase >>>>increases GDP. That is not helpful. What matters is productivity, or per >>>>capita
GDP. Note that per capita GDP is still 1.4% below the September 2022 level. >>>
Luxom saying that they will increase immigration significantly - but >>>without explaining where those immigrants will live - all he does has >>>more profits for landlords and property owners . . .
Chippy has far more than just a bit of balance - Luxon is now showing
that he cannot change course when the road goes around a bend; he is >incapable of recognising good economic management; which he appears to >measure by profits for wealthy property owners . . .
On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), TonyLooking a lot like Robertson like you and Labour is a compulsive liar and disassembler of disinformation Rich! The experts seem to think we're in for six months pf pain which sounds very much like a recession! 0.9% rise sounds like a Clayton avoidance
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on Robertson.
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I >doubt it - there is a challange for you. You will fail however.
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote: >>>>https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-just
Altogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >>>>a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >>>>quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth, >>>>it appears the economy may have escaped more lightly than expected, >>>>but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >>>>economy in the March 2023 quarter. The quarter before, December 22, >>>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >>>>quarter, largely due to computer system design,” Stats NZ’s Jason >>>>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >>>>transport, postal, and warehousing grew this quarter after a decline >>>>in the March quarter. Agriculture, forestry, and fishing, which was >>>>also impacted by extreme weather events, fell in both the March and >>>>June quarters.”
The 0.9% growth is slightly higher than what most economists had >>>>predicted, with estimates largely ranging from 0.4% to 0.8%. >>>>_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >>>>Grant Robertson said today’s GDP figures show the Labour government >>>>has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >>>>in the last quarter, meaning New Zealand technically skirted around a >>>>recession (though if you look one decimal point further, the economy >>>>did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than >>>>expected. “The economy is turning a corner and showing its mettle in >>>>the face of a deteriorating global environment and the impact of >>>>extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >>>>Zealanders dealing with the cost of living while investing in our >>>>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >>>>figures show that the economy was turning a corner. “Everyone knows >>>>how challenging the past few years have been… I believe that we have >>>>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And
report that was published by the Public Service. He was not able to >>affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
this is no better. You believe he has no influence on "official" reports? You
are naieve.
accordance with normal timetables - it is common for data to come in
over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
On Thu, 21 Sep 2023 14:29:01 -0700 (PDT), John Bowesof a recession to me...
<bowes...@gmail.com> wrote:
On Thursday, September 21, 2023 at 9:36:11?PM UTC+12, Rich80105 wrote:
On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), TonyLooking a lot like Robertson like you and Labour is a compulsive liar and disassembler of disinformation Rich! The experts seem to think we're in for six months pf pain which sounds very much like a recession! 0.9% rise sounds like a Clayton avoidance
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justAltogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >> >>>>a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth, >> >>>>it appears the economy may have escaped more lightly than expected, >> >>>>but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >> >>>>economy in the March 2023 quarter. The quarter before, December 22, >> >>>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this >> >>>>quarter, largely due to computer system design,” Stats NZ’s Jason >> >>>>Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline >> >>>>in the March quarter. Agriculture, forestry, and fishing, which was >> >>>>also impacted by extreme weather events, fell in both the March and >> >>>>June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >> >>>>Grant Robertson said today’s GDP figures show the Labour government >> >>>>has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >> >>>>in the last quarter, meaning New Zealand technically skirted around a >> >>>>recession (though if you look one decimal point further, the economy >> >>>>did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New >> >>>>Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s >> >>>>figures show that the economy was turning a corner. “Everyone knows >> >>>>how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
doubt it - there is a challange for you. You will fail however.
Robertson.
The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
this is no better. You believe he has no influence on "official" reports? You
are naieve.
accordance with normal timetables - it is common for data to come in
over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
Rubbish! You'll believe anything Robertson or Labour tell you. The real people don't believe a word of it! It's got nothing to do with the events Labour still hasn't addressed and everything to do with Labours failure to respond to crisis in a timelyhttps://www.stuff.co.nz/business/money/300975495/economy-in-2024-next-six-months-will-be-painful-for-householdsAs you have agreed, while the increase in GDP was small, we did
nevertheless not go into recession as so many other countries have.
Given the problems we have experienced with flood and storm damage, following the Covid period, this is an excellent result, and better
than that of many other countries. And it was achieved while having
lower taxes overall than most other countries.
On Thursday, September 21, 2023 at 9:36:11?PM UTC+12, Rich80105 wrote:of a recession to me...
On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), TonyLooking a lot like Robertson like you and Labour is a compulsive liar and disassembler of disinformation Rich! The experts seem to think we're in for six months pf pain which sounds very much like a recession! 0.9% rise sounds like a Clayton avoidance
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I >> >doubt it - there is a challange for you. You will fail however.
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justAltogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
Robertson.
The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
this is no better. You believe he has no influence on "official" reports? You
are naieve.
accordance with normal timetables - it is common for data to come in
over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
https://www.stuff.co.nz/business/money/300975495/economy-in-2024-next-six-months-will-be-painful-for-households
On Friday, September 22, 2023 at 10:30:49?AM UTC+12, Rich80105 wrote:avoidance of a recession to me...
On Thu, 21 Sep 2023 14:29:01 -0700 (PDT), John Bowes
<bowes...@gmail.com> wrote:
On Thursday, September 21, 2023 at 9:36:11?PM UTC+12, Rich80105 wrote:
On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), TonyLooking a lot like Robertson like you and Labour is a compulsive liar and disassembler of disinformation Rich! The experts seem to think we're in for six months pf pain which sounds very much like a recession! 0.9% rise sounds like a Clayton
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justAltogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in >> >> >>>>a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March
quarter showing the economy didn’t grow or shrink – it was a flat 0%. >> >> >>>>As a recession requires two back-to-back quarters of negative growth, >> >> >>>>it appears the economy may have escaped more lightly than expected, >> >> >>>>but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the >> >> >>>>economy in the March 2023 quarter. The quarter before, December 22, >> >> >>>>showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and
transport, postal, and warehousing grew this quarter after a decline >> >> >>>>in the March quarter. Agriculture, forestry, and fishing, which was >> >> >>>>also impacted by extreme weather events, fell in both the March and >> >> >>>>June quarters.”
The 0.9% growth is slightly higher than what most economists had
predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed >> >> >>>>Grant Robertson said today’s GDP figures show the Labour government >> >> >>>>has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0% >> >> >>>>in the last quarter, meaning New Zealand technically skirted around a >> >> >>>>recession (though if you look one decimal point further, the economy >> >> >>>>did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in >> >> >>>>the face of a deteriorating global environment and the impact of
extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our
recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows >> >> >>>>how challenging the past few years have been… I believe that we have >> >> >>>>managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
doubt it - there is a challange for you. You will fail however.
Robertson.
The numbers were released by the Department of Statistics inHe was commenting on aNo good will come of that silliness - Robertson and the Prefu was a joke. And
report that was published by the Public Service. He was not able to
affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past.
this is no better. You believe he has no influence on "official" reports? You
are naieve.
accordance with normal timetables - it is common for data to come in
over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
manner! Or a fiscally responsible manner!Rubbish! You'll believe anything Robertson or Labour tell you. The real people don't believe a word of it! It's got nothing to do with the events Labour still hasn't addressed and everything to do with Labours failure to respond to crisis in a timelyhttps://www.stuff.co.nz/business/money/300975495/economy-in-2024-next-six-months-will-be-painful-for-householdsAs you have agreed, while the increase in GDP was small, we did
nevertheless not go into recession as so many other countries have.
Given the problems we have experienced with flood and storm damage,
following the Covid period, this is an excellent result, and better
than that of many other countries. And it was achieved while having
lower taxes overall than most other countries.
On Thu, 21 Sep 2023 16:02:35 -0700 (PDT), John Bowesavoidance of a recession to me...
<bowes...@gmail.com> wrote:
On Friday, September 22, 2023 at 10:30:49?AM UTC+12, Rich80105 wrote:
On Thu, 21 Sep 2023 14:29:01 -0700 (PDT), John Bowes
<bowes...@gmail.com> wrote:
On Thursday, September 21, 2023 at 9:36:11?PM UTC+12, Rich80105 wrote: >> >> On Thu, 21 Sep 2023 06:46:20 -0000 (UTC), Tony
<lizan...@orcon.net.nz> wrote:Looking a lot like Robertson like you and Labour is a compulsive liar and disassembler of disinformation Rich! The experts seem to think we're in for six months pf pain which sounds very much like a recession! 0.9% rise sounds like a Clayton
Rich80105 <Rich...@hotmail.com> wrote:Just following your lead - but justified by your cowardly attack on
On Thu, 21 Sep 2023 02:56:26 -0000 (UTC), TonyOK once more why the abuse? Can you post one day without abusing someone? I
<lizan...@orcon.net.nz> wrote:
Rich80105 <Rich...@hotmail.com> wrote:
https://thespinoff.co.nz/live-updates/21-09-2023/revised-figures-show-nz-escaped-recession-justAltogetner a pointless post.
Revised figures show NZ escaped recession – just
Revised figures from Stats NZ show New Zealand may never have been in
a recession.
Over the latest quarter, GDP was up by 0.9% with the revised March >> >> >>>>quarter showing the economy didn’t grow or shrink – it was a flat 0%.
As a recession requires two back-to-back quarters of negative growth,
it appears the economy may have escaped more lightly than expected,
but only just.
Initially, back in June, Stats NZ had reported a 0.1% decline in the
economy in the March 2023 quarter. The quarter before, December 22,
showed a -0.5% drop.
In the year ending June, GDP was up 3.2%.
“Business services was the biggest driver of economic growth this
quarter, largely due to computer system design,” Stats NZ’s Jason
Attewell said of the latest figures.
“Following the impacts of Cyclone Gabrielle, both education and >> >> >>>>transport, postal, and warehousing grew this quarter after a decline
in the March quarter. Agriculture, forestry, and fishing, which was
also impacted by extreme weather events, fell in both the March and
June quarters.”
The 0.9% growth is slightly higher than what most economists had >> >> >>>>predicted, with estimates largely ranging from 0.4% to 0.8%.
_________________________________
and:
Robertson says latest GDP figures show economy has been well managed
Grant Robertson said today’s GDP figures show the Labour government
has managed the economy well.
The 0.9% growth in the economy followed a revised figure of a flat 0%
in the last quarter, meaning New Zealand technically skirted around a
recession (though if you look one decimal point further, the economy
did shrink by 0.01% in March).
In a statement, Robertson said the economy is doing better than
expected. “The economy is turning a corner and showing its mettle in
the face of a deteriorating global environment and the impact of >> >> >>>>extreme weather events,” the finance minister said.
“Our economic plan is delivering a solid foundation to support New
Zealanders dealing with the cost of living while investing in our >> >> >>>>recovery to build a stronger and more resilient economy.”
Fronting for reporters in Wellington, Robertson added that today’s
figures show that the economy was turning a corner. “Everyone knows
how challenging the past few years have been… I believe that we have
managed the economy well,” he said.
What Robertson says is unreliable at best and significiantly biased at least.
You really are losing your marbles, Tony.
doubt it - there is a challange for you. You will fail however.
Robertson.
The numbers were released by the Department of Statistics inHe was commenting on athis is no better. You believe he has no influence on "official" reports? You
report that was published by the Public Service. He was not able to >> >> >>affect the results by other than the good economic decisions made
during the period being reported on - and that is all in the past. >> >> >No good will come of that silliness - Robertson and the Prefu was a joke. And
are naieve.
accordance with normal timetables - it is common for data to come in >> >> over time; they look at corrections to recent data as well as
indications for the next period. Even in the time of Key / English
Ministers were not able to insist on incorrect numbers in such
reports; clearly you believe that they could.
manner! Or a fiscally responsible manner!Rubbish! You'll believe anything Robertson or Labour tell you. The real people don't believe a word of it! It's got nothing to do with the events Labour still hasn't addressed and everything to do with Labours failure to respond to crisis in a timelyhttps://www.stuff.co.nz/business/money/300975495/economy-in-2024-next-six-months-will-be-painful-for-householdsAs you have agreed, while the increase in GDP was small, we did
nevertheless not go into recession as so many other countries have.
Given the problems we have experienced with flood and storm damage,
following the Covid period, this is an excellent result, and better
than that of many other countries. And it was achieved while having
lower taxes overall than most other countries.
The reality that internationally we have low taxation comes from an international comparison that I posted some time ago. Nobody disputedYet Labour still manages to keep increasing taxation and fees during a cost of living crisis! I don't give a fuck about other countries. I live in NZ and that's where it matters especially with the useless bastards in control at the moment grizzling
the conclusion - from memory NZ is about third lowest overall . . .
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