There's less optimism for today's GDP figure than there was for the last.

Stats NZ will release the September quarter figure later this morning. 

In June, Gross Domestic Product rose 0.9%.

Westpac Senior Economist, Darren Gibbs, told Mike Hosking that they're predicting a 0.1% decrease to our economy.

He says the manufacturing sector's seen weak growth, which is a strong economic indicator.

Gibbs believes the sector will be a drag on our GDP figure, as manufacturing's PMI figure has been at dreadful levels recently.

LISTEN ABOVE

There's less optimism for today's GDP figure than there was for the last. 
Stats NZ will release the September quarter figure later this morning.  
In June, Gross Domestic Product rose 0.9%. 
Westpac Senior Economist, Darren Gibbs, told Mike Hosking that they're predicting a 0.1% decrease to our economy. 
He says the manufacturing sector's seen weak growth, which is a strong economic indicator. 
Gibbs believes the sector will be a drag on our GDP figure, as manufacturing's PMI figure has been at dreadful levels recently. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...