Non-residential building work has shot up in the December 2023 quarter, according to the latest data.

Commercial buildings have outpaced residential homes, with residential building activity dropping 2 percent in the December quarter.

Infometrics Principal Economist Brad Olsen explains what this means for economic growth ahead of the upcoming GDP results.

LISTEN ABOVE

Non-residential building work has shot up in the December 2023 quarter, according to the latest data.
Commercial buildings have outpaced residential homes, with residential building activity dropping 2 percent in the December quarter.
Infometrics Principal Economist Brad Olsen explains what this means for economic growth ahead of the upcoming GDP results.
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.