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Brad Olsen: Infometrics Principal Economist on retail spending being 'stronger than expected' for December

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Manage episode 462235594 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Economists have revealed retail spending numbers were better than expected for the month of December.

The total value of electronic card spending, including in non-retail services and other non-retail categories, rose a seasonally adjusted 1.5 percent to $9.23 billion in December from November, according to Stats NZ.

That brought total spending in line with levels last seen in November 2023.

Infometrics Principal Economist Brad Olsen says this is a sign green shoots are returning to the economy.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

8541 episodes

Artwork
iconShare
 
Manage episode 462235594 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Economists have revealed retail spending numbers were better than expected for the month of December.

The total value of electronic card spending, including in non-retail services and other non-retail categories, rose a seasonally adjusted 1.5 percent to $9.23 billion in December from November, according to Stats NZ.

That brought total spending in line with levels last seen in November 2023.

Infometrics Principal Economist Brad Olsen says this is a sign green shoots are returning to the economy.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

8541 episodes

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