The length of New Zealand's summer holiday - isn't as bad for the economy as some may think. 

Prime Minister Chris Luxon's weighed in on debate - saying after working overseas, he's used to returning to work about January 3  - which he'll probably do again this summer. 

Infometrics Chief Executive, Brad Olsen, says supermarkets and tourism boom over the period. 

He says the professional services industry shuts down longer, but that's not the entire economy. 

Olsen says March quarterly GDP relative to average quarterly GDP - and it's only two percent below the average for the rest of the financial year.

LISTEN ABOVE

The length of New Zealand's summer holiday - isn't as bad for the economy as some may think.&nbsp;
Prime Minister Chris Luxon's weighed in on debate - saying after working overseas, he's used to returning to work about January 3 &nbsp;- which he'll probably do again this summer.&nbsp;
Infometrics Chief Executive, Brad Olsen, says supermarkets and tourism boom over the period.&nbsp;
He says the professional services industry shuts down longer, but that's not the entire economy.&nbsp;
Olsen says March quarterly GDP relative to average quarterly GDP - and it's only two percent below the average for the rest of the financial year.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Chief Executive says summer holidays aren't as bad for the economy as some think

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/adba12c0-d4c2-4b33-866f-b3ae0056c9af/transcript