Building a picture of New Zealand manufacturing
Manufacturing makes up a substantial share of New Zealand’s total economic activity, but that share has been falling for several decades. Something similar has happened in a range of advanced countries. However, manufacturing activity fell particularly sharply in the 2008/09 recession, and there has been only a modest recovery since then. In this note, we look at what has gone on, drawing on the wide range of data available on manufacturing activity in New Zealand.