News | Business
4 Mar 2026 8:47
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The services sector is blaming the weak economic environment for a downturn in activity

    The services sector is blaming the weak economic environment for a downturn in activity


    The latest Performance of Services Index has New Zealand contracting again in November, with a reading of 46 point 9.

    To show growth, it needs to be at 50 or above.

    ABC Business Sales CEO Chris Small says in comparison, the retail sector saw a boost around Black Friday.

    He says this shows things are turning around and services are just the lagging factor.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     04 Mar: Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country
     04 Mar: A new survey suggests New Zealand investors' love affair with property, is being shaken
     04 Mar: The Utilities Dispute service is welcoming changes to power rules
     03 Mar: New Zealand officials are weighing up whether to approve the merger of two major global companies
     03 Mar: An inflation warning from the Finance Minister - as Labour mulls its Reserve Bank policy
     03 Mar: Tourism continues to be a major force in the economy
     03 Mar: A five-year gap between the opening of Dunedin Hospital's outpatient building and its inpatient building - could cause major staffing and operational problems
     Top Stories

    RUGBY RUGBY
    The Crusaders are copping the three week suspension to prop Tamaiti Williams More...

    BUSINESS BUSINESS
    Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country More...


     Today's News

    		 International:
    What you need to know about Iran today, with Laura Tingle 8:37

     Entertainment:
    Shia LaBeouf has been ordered to enrol in substance abuse treatment and undergo drug testing following his recent arrest in New Orleans 8:35

     National:
    Does regime change ever work? History tells us long-term consequences are often disastrous 8:27

     Living & Travel:
    Dog attacks keep happening in NZ. Why hasn’t the law kept up? 8:17

     National:
    Donald Trump campaigned against ‘endless wars’. So why is he risking another one in Iran? 8:07

     Living & Travel:
    Four sporting events in one weekend across Auckland could bring a new era of collaboration 8:07

     Entertainment:
    Neve Campbell struggles to watch scary movies 8:05

     Business:
    Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country 7:57

     International:
    How the US and Israel struck Iran in Operation Epic Fury 7:47

     Living & Travel:
    Two people have been injured - one seriously - after a water incident off the Catlins coast 7:47

     News Search




    Power Search

    © 2026 New Zealand City Ltd