Friday, 15th February, 2013

An Auckland Chamber of Commerce confidence survey - the first for 2013 covering responses from over 1100 firms in the region - shows a dramatic lift in confidence reports Chamber CEO Michael Barnett.

"There has been a shift from firms who have simply expected ‘more of the same’ to those who believe the economy will improve over the next 6 months.

A similar effect has occurred in the response from business owners where 57% of respondents (up from 47%) believe the economy will improve and just 35% believe we will have more of the same (down from 42% in November 2012).

A rising concern from those wishing to expand their business through employment of skills is the message from the survey that over 25% of firms looking to employ skills are having difficulty finding the right people with the right skills,” says Mr Barnett.

The survey also found:

  • Employment intentions are up from 14% in November 2012 to 20%
  • Hours expected to be worked are up
  • Profitability expectations are up
  • Demand is up

For more results of the Auckland Chamber of Commerce February 2013 Business Confidence Survey, please click here.

For more information contact Michael Barnett, mobile: 0275 631 150.
Michael Barnett, Chief Executive, Auckland Chamber of Commerce.