US EditionBusiness confidence falls as tariff turmoil takes a toll
- New Zealand's business confidence fell sharply by nine points to +49 in April 2025 amid concerns over newly announced US tariffs and their economic impact.
- The decline followed the US announcement of global tariffs on April 2, which caused market volatility and weighed down most forward-looking business indicators.
- An ANZ Bank survey revealed that 47.7 percent of participants anticipate expansion in their own businesses over the upcoming year, despite the decline in overall business confidence.
- ANZ chief economist Sharon Zollner stated, "Time will tell whether the impact is lasting," reflecting uncertainty about ongoing effects on investment and employment plans.
- The data indicates businesses face challenges but remain resilient, as economic optimism stays above the long-term average confidence level of 29 percent.
11 Articles
11 Articles
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GIA Back to Business as Usual Following Tariff Hiccup
The Gemological Institute of America (GIA) will once again accept goods at its international labs that need to be shipped to the US for service. The institute temporarily suspended international shipment due to the new tariffs US President Donald Trump issued. Instead, it beefed up lab services at its international locations to compensate. Services at international locations have returned to normal as well, the GIA said in a letter to clients T…
Business confidence in Wales fell 36 points to 15% in April
Business confidence in Wales fell 36 points during April to 15%, according to the latest Business Barometer from Lloyds. Companies in Wales reported lower confidence in their own business prospects month-on-month, down 32 points to 24%. When taken alongside their optimism in the economy, which dropped 38 points to 7%, this gives a headline confidence reading of 15% (vs. 51% in March). Looking ahead to the next six months, Welsh businesses identi…
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- 50% of the sources lean Left, 50% of the sources are Center
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