28/11/2024
New economic figures out for Timaru District show a small drop in GDP again, for the year to September 2024, but consumer spending over the period has remained solid.
Timaru's consumer spending (+4.8%) shows, that while things have got tighter, people in our district have continued to spend over the year. Ahead of Canterbury (+1.4%), and New Zealand (+0.5%).
Read more here: https://www.vtdevelopment.co.nz/news/media-releases/september-quarterly-report-shows-a-drop-in-gdp,-while-consumer-spending-grew-over-the-year