New Zealand economist Tony Alexander takes a close look at current and future spending trends and how they might affect landscapers
New Zealand’s economy has performed extremely well over the past 17 months, since we emerged from the first nationwide lockdown in May last year. Unemployment did not soar as expected and there are now 36,000 more people in work than just before the lockdown, with the unemployment rate peaking at 5.2% but now back at the 4% of early 2020.