Economists warn a strong bounce back in the economy won't last through summer
Economists warn a strong bounce back in the economy won't last through summer
19 November 2020
The economy performed above expectations in the September quarter, with spending up in Tasman and Northland, but down in the main centres.
Infometrics senior economist Brad Olsen says the boost from domestic tourism hasn't been enough to make up for borders closed to tourism.
He says we aren't out of the woods yet and there's still more pain to come.
Brad Olsen says the regions which did well had fewer ties to international tourism, and had agriculture to rely on.
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