The light at the end of the tunnel is not a train

The Herald reports:

New Zealand’s economy accelerated in the fourth quarter, growing at the fastest clip in two years as manufacturing revived and companies built up inventories that had run down through the recession.

Gross domestic product expanded 0.8 per cent in the final three months of 2009, according to Statistics New Zealand, matching the median in a Reuters survey. Growth in the third quarter was revised up to 0.3 per cent from 0.2 per cent.

Well heading in the right direction but a fair way to go.