Many are predicting a fall in GDP for quarter two.  

Stats NZ will release the figures later this morning, just before 11am. 

The Reserve Bank expects a 0.3% drop while bank economists are more pessimistic.  

Westpac Senior Economist Michael Gordon told Mike Hosking there are worrying trends.  

He says the construction sector is still in a downturn, while manufacturing has seen a fall after a decent first quarter. 

LISTEN ABOVE 

Many are predicting a fall in GDP for quarter two. &nbsp;
Stats NZ will release the figures later this morning, just before 11am.&nbsp;
The Reserve Bank expects a 0.3% drop while bank economists are more pessimistic. &nbsp;
Westpac Senior Economist Michael Gordon told Mike Hosking there are worrying trends. &nbsp;
He says the construction sector is still in a downturn, while manufacturing has seen a fall after a decent first quarter.&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

Michael Gordon: Westpac Senior Economist ahead of today's GDP announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/92711d65-2c21-48ce-85b7-b35b01478495/transcript