More manufacturing crisis

December 9th, 2013 at 3:00 pm by David Farrar

StatsNZ reports:

Total sales volume rose for the September 2013 quarter, despite a fall in meat and dairy product , Statistics New Zealand said today.

After adjusting for seasonal effects, the volume of total manufacturing sales rose 0.5 percent, while meat and dairy product manufacturing sales volume fell 2.7 percent.

“Although meat and dairy volumes fell, stock levels are very high for the end of a September quarter,” industry and labour statistics manager Blair Cardno said.

“Outside meat and dairy, we saw a broad-based increase across the manufacturing sector in the quarter.”

Sales volume for total manufacturing excluding meat and dairy was up 2.8 percent in the September quarter, the largest increase since June 2002.

That manufactured crisis in manufacturing just keeps getting worse for the opposition.

The main industry movements were:

  • metal product manufacturing, up 6.6 percent

  • petroleum and coal product manufacturing, up 8.0 percent.

I’d say the way to get a real crisis in manufacturing would be to get a Government that is trying to kill off the petroleum and coal sectors!

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11 Responses to “More manufacturing crisis”

  1. Jack5 (4,222 comments) says:

    Metal manufacturing (up 6.6 per cent) will take a steep dive if the Bluff smelter (NZ’s biggest industrial exporter) closes at the end of its three year power price deal.

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  2. wikiriwhis business (3,286 comments) says:

    Over taxation is the simple problem and the simple solution is less taxation.

    That’s it.

    Over taxation is the reason for the manufacturing crisis and any socially responsible govt would honestly acknowledge this.

    Red tape is now what we know as strangling our economy and it’s the obvious and total problem to all economics in this country.

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  3. wreck1080 (3,522 comments) says:

    Outside farming and commodities we don’t do that well.

    I’m personally dissatisfied with the NZ economy — we are still rather low wage and that is not good enough.

    Incidentally, the Trade weighted exchange rate is at near record levels again, shooting above 78 (the highest ever was 79 achieved back in april this year).

    and, auckaldn house prices are rising at 15% a year, so, we should be raising interest rates!!

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  4. MikeG (359 comments) says:

    “Over taxation is the reason for the manufacturing crisis”

    But we have NOT got a manufacturing crisis according to Farrar, so perhaps we should be taxing more!

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  5. ross69 (3,637 comments) says:

    The performance of Ports of Auckland has certainly been improving. I can only assume that wharfies’ wages have increased substantially, because according to the Right, wages should rise at the same pace as productivity…

    http://www.poal.co.nz/about_us/performance.htm

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  6. OneTrack (1,967 comments) says:

    ross69 – did the union allow a productivity clause to included in the award they negotiated?

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  7. OneTrack (1,967 comments) says:

    ““Over taxation is the reason for the manufacturing crisis”

    But we have NOT got a manufacturing crisis according to Farrar, so perhaps we should be taxing more!”

    Ok, so you want to create a manufacturing crisis? Dont worry, the Greens are coming in 2014 and they are going to bring so much regulation, red-tape and taxation, that there wont be a manufacturing sector to worry about.

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  8. Inky_the_Red (718 comments) says:

    Here we have number of people employed from Statistics NA
    http://www.stats.govt.nz/infoshare/ViewTable.aspx?pxID=74fbbf7c-1092-491a-a6a6-438d59e180b9

    The most number of people employed in this series was in March quarter 2005, at 204,300 the latest point is for the September 2012 quarter at 193,700 which is 19.4% lower. Assuming some sort of seasonal pattern the March 2012 figure was 203,420 or 15.3% lower. So maybe there is some truth to manufacturing struggling

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  9. goldnkiwi (649 comments) says:

    A manufactured crisis?

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  10. Johnboy (13,386 comments) says:

    Manufactured orgasms will be up by at least 1000% if folk would just lay off of the hookers using their streets and backyards as a place of business! :)

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  11. wreck1080 (3,522 comments) says:

    For the losers who seem to think NZ does well, look at our average wages.

    Farming aint gonna lift that.

    You people have such low standards.

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