What Manufacturing Crisis?

Labour and the Green Taliban continue to talk about the manufacturing crisis…except there isn’t one:

New Zealand manufacturing volumes continued to grow in the final three months of 2012, and a rundown in stocks outside food and beverage bodes well for the sector this year as construction gets underway in Canterbury and Auckland.

Total manufacturing sales volumes rose a seasonally adjusted 1.5 per cent in the three months ended Dec. 31, slowing from a 2.5 per cent gain in the September quarter, according to Statistics New Zealand. The value of manufacturing sales was flat at a seasonally adjusted $22.85 billion. Volumes were up 5.7 per cent from the same period a year earlier, while values were down 0.7 per cent on an annual basis. 

Metal product manufacturing sales volumes rose 5.4 per cent, and values climbed 6.6 per cent to $2.31 billion, leading gains in the quarter. Petroleum and coal product manufacturing sales volumes gained 6.4 per cent and values were up by the same amount to $1.92 billion.

Meat and dairy manufacturing, which accounts for 30 per cent of the sector, showed a 1.1 per cent fall in volumes and a 4.4 per cent decline in sales to $6.86 billion.

Next time they bang on about a “manufacturing crisis” tell them to shut up and go away.

 


THANK YOU for being a subscriber. Because of you Whaleoil is going from strength to strength. It is a little known fact that Whaleoil subscribers are better in bed, good looking and highly intelligent. Sometimes all at once! Please Click Here Now to subscribe to an ad-free Whaleoil.

  • Pete George

    Maybe they’re talking about in Dunedin. Or Auckland. Or wherever their next hearing will be:

    Rob [email protected]
    the Labour-GReen-NZ First manufacturing inquiry has *really* lost its way: Otago Museum now in Auckland, it seems

    https://twitter.com/robhosking/status/309855219930513408/photo/1

    • blokeintakapuna

      They don’t know their arse from their elbow, shit from shineolla – can’t expect them to know one end of NZ from the other do you? 3 left-wing political parties… and not one of them got it right…
      ‘nough said…

  • blokeintakapuna

    These inconvenient truth’s must really upset Labour’s/Green’s spin doctors because they’re really making these politicians look even more pathetically irreleventthan usual when the actual facts trump the populist rhetoric and propaganda they’ve been shrilling about for month’s.
    Perhaps Labour & the Greens would get better traction with the NZ public if they always told the truth, were never deceitful and had some detail on major policy announcements 4 month’s later – like where, when, how and how much for these 10,000 homes a year and how printing our way out of debt will work?
    Labour/Greens – about as effective and useful as a chocolate teapot…

    • Macca

      Totally agree bloke, but the thing that really concerns me is that none of this is ever reported by the MSM – along with the other good news as to how the governments books are in better shape than they thought they were going to be etc.
      Where the bulk of Kiwi’s would go to the TV or listen to radio for their news (if they bother), and all they get is propaganda from the left without the other side of the story, it makes it pretty tough for them to make the correct decision!
      Most of my friends are hard working Kiwis, running their own businesses etc and I’m horrified at some of the rubbish that comes out of their mouths. I suppose if you feed a plant poison, you can’t really expect a healthy result.

  • Steve (North Shore)

    The only manufacturing crisis Labour and Greens have is the manufacturing of bullshit. It is getting harder and harder for them to disguise it

  • Mr Sackunkrak

    No, no, no, it’s not a manufacturing crisis, it’s manufacturing a crisis. Labour and the Greens are having a crisis crisis, there are so few left, they need to invent more.

  • surfisup

    Exporting is my question.

    There is not really anything in that quote which mentions exports (other than farm exports are falling).

    You need to look at export figures for services and non-commodity products. Additionally, look at the tourism figures which is a bit like exporting.

  • Sir Cullen’s Sidekick

    Sheep and Muesli Norman are working on the theory that if you repeat something again and again, the gullible Kiwis will start believing it. After all this is the crowd who voted for a tax increase in 1999 thinking the extra income will get them free education and free health….I still feel there are so many Kiwis who are ready to pay higher tax if you tell them they can get free health and education….

52%