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Surveys are completed every six months and are completed online, by phone, or when the need arises, ENC staff will come and do face-to-face interviews with businesses. They are then collated and the following updates are provided.
The latest survey took place in October 2020. The results show that North Canterbury is faring better than expected following the Covid-19 lockdown and local business confidence sitting at the highest in three years. Business confidence among respondents has increased from net -59% last survey to net 10%. Confidence across New Zealand as a whole sits at net -39%. Over a third of respondents reported that their business had grown as a result of Covid-19. Staffing levels are expected to increase over the next six months for 32% of businesses and only 7% expect to downsize. Looking ahead, 32% of respondents expect the business situation to improve over the coming six months.
Key points from the latest survey:
View the full survey here: Business Opinion Survey October 2020 >>
If you have any questions about these surveys, please contact Miles Dalton for more information.