\u201cConstruction sales fell 3.1% in the June 2025 quarter, following a 0.7% rise in the March 2025 quarter,\u201d economic indicators spokeswoman Michelle Feyen said.<\/p>\n
\u201cBuilding activity is also estimated by the value of building work put in place. Both measures are telling a similar story, with decreases in most quarters over the last two years.\u201d<\/p>\n
Manufacturing volumes are calculated by removing the effect of price changes from sales values.<\/p>\n
In the June 2025 quarter, when adjusted for seasonal effects against the previous quarter, the largest sales movements were in electricity, gas, water and waste services (up $1.1b).<\/p>\n
For all business financial data (BFD) industries, in the June 2025 quarter compared with the June 2024 quarter, sales were $196b, up $4.1b (2.1%).<\/p>\n
Purchases were $136b, up $2.5b (1.9%) and salaries and wages were $32b, up $373m (1.2%).<\/p>\n
Operating profit was $28b, up $1.1b (4.2%).<\/p>\n
Business employment <\/p>\n
Business employment data also released by Stats NZ today showed total actual filled jobs in the June 2025 quarter were 2.26 million \u2013 down 0.5%(10,560 jobs) on the March quarter. <\/p>\n
At an industry level, the largest changes in seasonally adjusted filled jobs in the June 2025 quarter, compared with the March 2025 quarter, were in construction \u2013 down 1.3% (2315 jobs) and administrative and support services \u2013 down 1.4% (1337 jobs).<\/p>\n
By region, Hawke\u2019s Bay and Auckland saw the biggest falls, down 1.1% and 0.6% respectively.<\/p>\n
Today\u2019s data were the last of the second quarter before we get a full GDP (Gross Domestic Product) report next Thursday.<\/p>\n
Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and also presents and produces videos and podcasts. He joined the Herald in 2003.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cConstruction sales fell 3.1% in the June 2025 quarter, following a 0.7% rise in the March 2025 quarter,\u201d…\n","protected":false},"author":2,"featured_media":10924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[95,138,1568,3105,10668,78,13419,1428,117,111,139,69,13420,1881,8466,8610,1305,13418,13422,11555,13421,6382],"class_list":["post-10923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-and","tag-business","tag-construction","tag-data","tag-economic","tag-in","tag-june","tag-manufacturing","tag-new","tag-new-zealand","tag-newzealand","tag-nz","tag-quarter","tag-recovery","tag-second","tag-sectors","tag-show","tag-slumped","tag-stall","tag-started","tag-stats","tag-took"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/10923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=10923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/10923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/10924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=10923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=10923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=10923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}