Infrastructure investment is being held up as being paramount to keeping New Zealand's economy on the right track

Stats NZ will release GDP data for the third quarter just before 11am today.

The major banks are all predicting between a 0.2 and 0.4 percent contraction, meaning our third technical recession, in two years.

Kiwibank Senior Economist Jo Vergara says a lack of infrastructure investment has made the last few years, particularly volatile.

She says in a time of recession, building roads, hospitals and schools will help the economy.