Three months ago I picked it that NZ was already in a recession - six months ahead of the RBNZ's expectation. It has now been confirmed that, with a slight 0.1% decline in March, New Zealand is in a technical recession at present.
Employment expanded by 0.6% (seasonally adjusted) in April! That is rapid growth for the month - annualised that would equate to more than 7% of additional filled jobs across a 12 month period.
There was $16.7 million of spending in Dunedin during 2022 that was attributable to visitors for whom biking in the city's production forests was a key motivation for the visit.