Our largest sector is continuing to do it tough. 

Latest data from BNZ and Business NZ shows our services sector —which makes up almost three quarters of the economy— has contracted for the 18th consecutive month. 

Our manufacturing sector is also back in contraction after a period of growth. 

Business NZ Chief Executive Katherine Rich told Mike Hosking we're still seeing a tale of two economies. 

She says the primary sector is doing quite well, but the services sector is continuing to face challenges. 

LISTEN ABOVE 

Our largest sector is continuing to do it tough.&nbsp;
Latest data from BNZ and Business NZ shows our services sector —which makes up almost three quarters of the economy— has contracted for the 18th consecutive month.&nbsp;
Our manufacturing sector is also back in contraction after a period of growth.&nbsp;
Business NZ Chief Executive Katherine Rich told Mike Hosking we're still seeing a tale of two economies.&nbsp;
She says the primary sector is doing quite well, but the services sector is continuing to face challenges.&nbsp;
LISTEN ABOVE&nbsp;

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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,...

The Mike Hosking Breakfast

Katherine Rich: Business NZ CEO on the services sector contracting for the 18th consecutive month

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/736948ad-75f8-4ac4-aa43-b35901518c10/transcript