Lies damn lies and surveys, John Walley’s blogging on the New Zealand economy, manufacturing, productivity, business

Posts

News

Archive

About

Ad enquiry

CTV interview - the dollar and the Budget http://t.co/TTrNMa8K

15/05/2012 3:00 p.m.

The Economist | Free exchange: Hope springs a trap http://t.co/SSkpdqEH via @theeconomist

13/05/2012 10:11 p.m.

The Economist | Buttonwood: The question of extractive elites http://t.co/IyRLPDBN via @theeconomist

13/05/2012 10:10 p.m.

The Economist | Buttonwood: Feeling peaky http://t.co/ku6D35hz via @theeconomist

13/05/2012 10:09 p.m.

Recent Post Comments

Scott: Whether it's a good idea or not, will be revealed in the years to come....

John Walley: Agree Walter - look what happened today...

Walter Kunz: In addition to above 23.1.12 16:10pm: In current difficult times, I...

Walter Kunz: NZEconomic industry mix distorted. The Real Estate industry in New...

Tosca: Stop fiddling around. Reduce tax to say company 10%, private 15% and get...

Recent News

Spain beset by bank crisis, recession - Stuff, 18 May 2012 Spain's borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the country is back in recession and reports of an outflow of deposits from nationalized Bankia hammered its share price.

Why Europe Still Needs Nuclear Deterrence - Project Syndicate, 18 May 2012 At NATO’s summit in Chicago this month, determining how to ensure a reliable level of nuclear deterrence will be high on the agenda. But, even before those discussions occur, it is clear that there are powerful reasons for maintaining NATO’s current mix of defense capabilities, including US...

Lower Economic Growth Seen for Britain - New York Times, 17 May 2012 The Bank of England cut its growth forecast and said inflation in the near term would be higher than previously expected.

Monetary policy for dummies - Stuff, 17 May 2012 These days, a business journalist's inbox is clogged by continuous bursts of competitive nay-saying emanating from the Labour, Green and New Zealand First parties in response to the ongoing welter of poor economic news.

More on Keen vs. Krugman - Steve Keen's Debtwatch, 17 May 2012 David Burchell provides his interpretation of the Keen vs. Krugman debate on RadioNational Counterpoint with Michael Duff and Paul Comrie-Thomson.

DEC 09

Lies damn lies and surveys

0 comment(s)

http://jlw.csolutions.co.nz/files/091112_PMI.pdf

Can’t think why anyone looks at this stuff, let alone take any notice of it. There is no measurement of sales only feelings referenced off feelings and index calculations that really mean bugger all in the real world, might make sense in Wellington CBD.

The NZMEA survey at least looks a real sales and they are way back and with the dollar where it is dollars to margin are terminal.

http://www.mea.org.nz/documents/674-nzmea_business_survey_september_2009.pdf

No recovery at in sight.

tags: surveys, confidence, sales

No comments have been posted yet

Name:
Email:
Website URL:
Comment:
Remember Me:	Tick if you would like JohnWalley.co.nz to remember your details
Email Replies:	Notify me of replies to this post by email

john walley’s blogging on the new zealand economy, manufacturing, productivity, business | john walley blog

Lies damn lies and surveys