Crisis in Manufacturing? Nope, not so much

The only crisis in manufacturing that exists is the crisis Labour and the Green Taliban have in manufacturing a crisis in manufacturing:

The manufacturing sector is expanding at its best rate for a year, as it gets a boost from the Canterbury rebuild and wider construction work, according to a survey.

The latest BNZ-Business New Zealand Performance of Manufacturing Index was up 1.1 points to 56.3 points in February.

A figure above 50 indicates that the sector is generally expanding and under 50 that it is going backwards. 

The latest figure was the highest reading since February 2012.

BNZ senior economist Craig Ebert said the result reinforced the bank’s view that manufacturing was not “in crisis”.

“The figures speak for themselves,” Ebert said. “The way some people are talking, we should be witnessing a very weak, to plunging, PMI. In fact, it’s improved to a more positive level.”

Gee, I wonder what the manufactured crisis into the manufacturing crisis parliamentary review will show now?

Or will Labour and the Green taliban quietly let this one slip under the radar.


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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