In economic terms Hawke’s Bay households are now the most confident in the North Island, as the regional economy garners a reputation as everyone’s “cool friend”.
A net 41 percent of Gisborne and Hawke’s Bay households expect their regional economies to prosper over the coming year, according to the Westpac-McDermott Miller Regional Economic Confidence survey for the September 2018 quarter.
“This is an improvement on the 32 per cent posted for the June quarter, making these regions the most optimistic in the north island,” Westpac Chief Dominick Stephens said.
“Gisborne and the Hawke’s Bay remain steadfastly buoyant even as confidence in other regions tanks.
Photo: Dominick Stephens, chief economist for Westpac, speaking at Napier City Council’s monthly business breakfast talk in June.
For more on this and other great Hawke’s Bay stories go to hawkesbaytoday.co.nz
Posted: 2 October 2018