The manufactured manufacturing crisis worsens

Business NZ reports:

Expansion in the sector lifted during the last month of 2014, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

The seasonally adjusted PMI for December was 57.7(a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining).  This was 2.1 points higher than November, and a positive end to the year for the sector. 

When will Labour declare the crisis to be ended?

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