What is it? Above 0 indicates optimism, below indicates pessimism. Source changed series from seasonally adjusted to non seasonally adjusted as of Jul 2003. Report is only available to NZIER members.
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
When? At 6:00pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
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