IDEAS home Printed from https://ideas.repec.org/a/nzb/nzbbul/march20054.html
   My bibliography  Save this article

An overview of the manufacturing sector

Author

Listed:
  • Jane Turner

    (Reserve Bank of New Zealand)

Abstract

This article examines recent trends in New Zealand's manufacturing sector. It ?nds that sales to the domestic market have been reasonably robust in recent years, re?ecting the strong local economy. However, the share of imports in local sales has been rising, partly due to structural factors and partly due to the rising exchange rate. Manufactured export activity has ?uctuated in recent years, with key in?uences including the exchange rate, commodity prices, and cycles in trading partner economies. After some weakness in 2002 and 2003, export sales strengthened in 2004, helped by the global economic cycle. The article ?nds that pro?tability (the earnings to sales ratio) has fallen for many industries over this period, which is likely to re?ect a rising exchange rate and ongoing competitive pressures.

Suggested Citation

  • Jane Turner, 2005. "An overview of the manufacturing sector," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 68, March.
    • Handle: RePEc:nzb:nzbbul:march2005:4
    as

    Download full text from publisher

    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2005/2005mar68-1turner.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nzb:nzbbul:march2005:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Reserve Bank of New Zealand Knowledge Centre (email available below). General contact details of provider: https://edirc.repec.org/data/rbngvnz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.