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New Zealand merchandise exports declined in 2016

In the year to December 2016 New Zealand exported $48.5 billion in merchandise exports, this was down from $49 billion exports in 2015, and the $50.1 billion exports in 2014.  As shown in the figure below New Zealand exports have grown by $19.2 billion since 2000, when $29.3 billion worth of goods was exported.

Less profit is good business?

Social enterprises are sweeping the world.  Here in New Zealand, Christchurch is hosting the Social Enterprise World Forum (SEWF) in September 2017. People who lead these enterprises are called social entrepreneurs. They run profitable businesses but they are not exclusively concerned with making a profit. But why? Do they not have to pay dividends to investors? Well no, because the investors are not interested in dividends! All surpluses are applied for growth and development of the social enterprise, so that it can achieve social and environmental benefits for people and the environment. That’s the value proposition for investors.   

Annual guest nights continue to decline in March 2017

Total guest nights in commercial accommodation providers declined for the year to March 2017, from 38.5 million to 38.4 million.  Overall this was a decline of 0.3 percent from the previous month.  This is the second month in a row that has seen a decline in annual total guest nights, the last time this occurred was in late 2012, when annual total guest nights declined to 31.0 million. 

Changes in employment and unemployment: the best and the worst

At about this stage in the electoral cycle attention tends to focus on how well or badly the incumbent government has performed in terms of employment and unemployment. And, naturally, it is relatively easy to highlight respects in which the government has done a good or poor job, depending on one’s political leanings.

Some bright spots in a difficult trading year

The year to March was disappointing in terms of revenue from New Zealand’s merchandise exports.  The total of $46.9bn just pipped the $46.5bn of the previous year, but was well down on the peak $49.3bn for the 12 months to September 2014. However, within this static total are components that are painting a dynamic picture of NZ’s export scene.