Manufacturing and construction are showing signs of recovery. 

ANZ's latest Business Outlook survey finds confidence rose 19 points over the last month, to 56%. 

In terms of past activity, manufacturing was highest, while agriculture saw a marked fall and construction lifted. 

ASB acting chief economist Kim Mundy told Andrew Dickens the construction sector has been struggling for some time, so this is welcome news.  

She says it's good to see the rise in residential consents transfer into activity.  

LISTEN ABOVE 

Manufacturing and construction are showing signs of recovery.&nbsp;
ANZ's latest Business Outlook survey finds confidence rose 19 points over the last month, to 56%.&nbsp;
In terms of past activity, manufacturing was highest, while agriculture saw a marked fall and construction lifted.&nbsp;
ASB acting chief economist Kim Mundy told Andrew Dickens the construction sector has been struggling for some time, so this is welcome news. &nbsp;
She says it's good to see the rise in residential consents transfer into activity. &nbsp;
LISTEN ABOVE&nbsp;

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Early Edition with Ryan Bridge

Kim Mundy: ASB Acting Chief Economist on the construction and manufacturing sectors showing signs of recovery in latest survey

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7ea40977-6239-4a3a-a1a3-b4970183b119/transcript