New Zealand BusinessNZ manufacturing dropped to 48.7, caution heading into the New Year

<p>New Zealand BusinessNZ Manufacturing index dropped to 48.7 in December, down from 54.7. The manufacturing was back in contraction after staying in expansion territory for six straight months. Looking at some details, production dropped from 55.0 to 51.5. Employment dropped from 51.3 to 49.9. New orders dropped from 56.5 to 49.9. Finished stocks dropped from […]</p>
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