National has put everything in place for NZ's future so it can and will do well regardless of Australia.
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Well they've been in office for over 4.5 years, and they're only just thinking about cheaper housing and R&D rejigging now, with another big asset selldown to come - manufacturing is trending down, unemployment trended up, budget deficits hit record levels, just what have they set in place here FP? Where is the brighter future we were promised?
Banksie which article says manufacturing has gone up.
"The BNZ-BusinessNZ performance of manufacturing index rose 1.1 to 54.5 in April from March. That's its highest April level since 2010. A reading above 50 indicates expanding activity, while a reading below 50 implies a contraction. The index has averaged 54.8 so far this year, suggesting healthy and consistent activity, BusinessNZ said."
Or am I misunderstanding the article?
Banksie as the article says the average for this year is 15.8 it appears it has actually come down with the report of 15.5
Iceman read Banksie's post 1440. That is why I asked him to post his source
Do you mean 54.8 and 54.5? Anything above 50 shows expanding manufacturing. 54.5 for April (the highest since 2010) and 54.8 for YTD. Yes, April is lower than the YTD average but is this not just due to month on month differences, ie. April is always lower than Jan - Mar? I cannot find anything in the article that points towards manufacturing trending down.