The manufactured manufacturing crisis worsens
Business NZ reports:
Expansion in the manufacturing sector lifted during the last month of 2014, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
The seasonally adjusted PMI for December was 57.7(a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). This was 2.1 points higher than November, and a positive end to the year for the sector.
When will Labour declare the crisis to be ended?