Southland leads New Zealand's Q1 2022 economic growth, driven by strong construction and housing activity.
Southland and Otago lead New Zealand in economic growth during Q1 2022, with Southland ranking first due to strong construction and housing activity. The ASB Bank's regional economic scoreboard ranks regions based on year-on-year growth in employment, building consents, and retail sales. The report also highlights modest house price increases and retail spending but notes a cooling labor market, soft migration figures, and underperforming tourism.
July 03, 2024
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