Kia Ora Manufacturers,

New Zealand Manufacturers have shown great resilience over the last three years, working through some very difficult challenges because of the pandemic. Despite a difficult operating environment, we see the wonderful, innovative and customer tailored solutions that come out of our manufacturing sector.  You are creative, problem solving, practical people and the economy could not do without you.

I want to also acknowledge the great team of people we have in the BusinessNZ network (EMA, Business Central, Canterbury Employers' Chamber of Commerce and Business South) who are always there to help and support you at the local level. We will continue to support you on policy issues, and are always happy to connect you to the people you need to speak to across government, industry leaders and 

Wishing all our readers a very happy Christmas and relaxing summer holiday and we will be back in 2023.

All the best, Josh

New Zealand’s manufacturing sector saw deeper levels of contraction in November, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

The seasonally adjusted PMI for November was 47.4 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). This was 1.7 points lower than October, and the first time the PMI has shown consecutive months of contraction since the first nationwide lockdown in 2020.

BusinessNZ’s Director, Advocacy Catherine Beard said that overall activity levels in New Zealand are now starting to mirror the global trend of contraction, which may indicate a tough start to 2023 for manufacturers.

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