News | Business
17 Dec 2025 18:20
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The services sector is blaming the weak economic environment for a downturn in activity

    The services sector is blaming the weak economic environment for a downturn in activity


    The latest Performance of Services Index has New Zealand contracting again in November, with a reading of 46 point 9.

    To show growth, it needs to be at 50 or above.

    ABC Business Sales CEO Chris Small says in comparison, the retail sector saw a boost around Black Friday.

    He says this shows things are turning around and services are just the lagging factor.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Dec: Horticulture NZ's emphasising the importance of backing growers - as exports climb to record levels
     17 Dec: More than a 100-thousand dollars in fines - for Waikato farms convicted of mismanaging effluent
     17 Dec: Households are expected to remain optimistic heading into 2026
     17 Dec: Consumer confidence has hit a high for the year, as we head into a New Year
     17 Dec: FIFA has introduced a new ticketing tier for next year's World Cup, following an uproar over the prices to attend games
     16 Dec: The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black
     16 Dec: Cocaine use continues to soar in New Zealand
     Top Stories

    RUGBY RUGBY
    Blues coach Vern Cotter is intrigued by the idea of cross-hemisphere rugby clubs swapping players More...

    BUSINESS BUSINESS
    Horticulture NZ's emphasising the importance of backing growers - as exports climb to record levels More...


     Today's News

    		 Cricket:
    How cricket balls move: the science behind swing, seam and spin 18:17

     Law and Order:
    A 22-year-old man has been sentenced to five years and four months jail for threatening a mass stabbing attack, distributing objectionable material and indecent communications 18:07

     Entertainment:
    Sharon Osbourne has defended her daughter Kelly over her recent weight loss 17:50

     Cricket:
    The West Indies have warmed-up for the third and final cricket test against New Zealand in Mount Maunganui by chilling out 17:37

     Rugby:
    Blues coach Vern Cotter is intrigued by the idea of cross-hemisphere rugby clubs swapping players 17:37

     Law and Order:
    FBI releases footage of Brown University shooting suspect 17:27

     Health & Safety:
    Health officials have confirmed one new measles case in Queenstown - linked to overseas travel 17:27

     Entertainment:
    Ryan Coogler insisted he didn't turn down an invitation to the Academy of Motion Pictures Arts and Sciences "out of animosity" 17:20

     Entertainment:
    Chase Infiniti has joined Louis Vuitton as a brand ambassador 16:50

     Entertainment:
    Taylor Swift is not a "chill person" 16:20

     News Search




    Power Search

    © 2025 New Zealand City Ltd