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December Quarterly Economic Update 

Infometrics’ provisional estimate of GDP shows that Timaru’s economy grew by 1.2% in the year to December 2015, following more rapid growth of 5.1% in 2014. Economic activity in Timaru has moderated in line with the bleaker dairy outlook, while housing construction and retail trade have also eased.

Activity levels at PrimePort Timaru continue to expand. Total freight volumes through the port were up 11% in 2015, with import volumes rising 30%. Tourism activity in the Timaru District has also picked up significantly over the final stages of 2015. Not only did guest nights rise sharply, but the Ministry of Business, Innovation & Employment Regional Tourism Indicators also shows a lift in card spending by tourists. 



View the full Infometrics report at www.southcanterbury.org.nz

New Timaru District Economic Development website - Help us shape it!

We are redeveloping the Aoraki Development website and would like to find out how this website can better support you as a business. We would therefore like to hear from you and understand why your business set was set up in the Timaru/ South Canterbury region and how you go attract new staff. Please fill in this quick survey, it will only take 5 - 10 minutes. Simply click on the link below to start. Thank you for your participation!

Take the survey
Regards
 
Wendy Smith
Chief Executive
  
19 Church St I PO Box 560 I Timaru I New Zealand
ddi: +64 3 687 2735 | p: +64 3 687 2682 | f: +64 3 688 9913
email: wendy@southcanterbury.org.nz  I website: www.southcanterbury.org.nz

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