Despite being one of the global leaders in containing the coronavirus throughout the pandemic, the New Zealand Government’s Stage 4 lockdown restrictions saw a sharp construction sector turnaround from growth to decline. Prior to the virus halting business operations, the sector experienced a healthy 4.6% growth rate in 2019, but then became a 26.6% value-add decline by 2020Q2.

Click to read more of the April 2022 New Zealand Construction Forecast report.

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