Date

GMT+01:00

Event

Forecast

Actual

Apr, 30 22:00

★★★

RBNZ Financial Stability Report

Country:
Date:	Apr, 30 22:00
Importance:	High
Previous:	-
Forecast:	-
Actual:	-
Period:	-

The Reserve Bank published its first Financial Stability Report (FSR) in October 2004. The Financial Stability Report is published six-monthly. In the Financial Stability Report we assess and report on the soundness and efficiency of the New Zealand financial system.

Apr, 30 23:45

★★★

Employment Change

Country:
Date:	Apr, 30 23:45
Importance:	High
Previous:	0.4%; 2.4%
Forecast:	0.3%
Actual:	-
Period:	1 quarter

Employment change is a crucial indicator to measure the health of the overal economy. It's realeased shortly after the month ends and is a leading indcator of consumer spending which makes up the majority of overall economic activity.

0.4%; 2.4%

0.3%

Apr, 30 23:45

★★★

Unemployment Rate

Country:
Date:	Apr, 30 23:45
Importance:	High
Previous:	4.0%
Forecast:	4.3%
Actual:	-
Period:	1 quarter

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

4.0%

4.3%

Apr, 30 23:45

★

Participation Rate

Country:
Date:	Apr, 30 23:45
Importance:	Low
Previous:	71.9%
Forecast:	-
Actual:	-
Period:	1 quarter

The target population for the Household Labour Force Survey is the civilian usually-resident non-institutionalised population aged 15 and over. Before the June 1995 quarter the survey included a sample of individuals living in non-private dwellings such as hotels, boarding houses, tertiary hostels, and motor camps. From the June 1995 quarter onwards, the groups that are excluded from the survey sample are: residents temporarily overseas, those in non-private dwellings, retirement homes, hospitals and psychiatric institutions, prisons, penal institutions and police lock-up; members of the permanent armed forces; non-New Zealand armed forces; overseas diplomats; overseas visitors who expect to be resident in New Zealand for less than 12 months; those aged under 15 years of age; and people living on offshore islands (except for Waiheke Island).

71.9%

May, 01 01:30

★

PMI Manufacturing

Country:
Date:	May, 01 01:30
Importance:	Low
Previous:	49.9
Forecast:	49.9
Actual:	-
Period:	-

A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

49.9