Skip to content.
Return to Department of Building and Housing home page.

at a glance

keep up to date

Sector information summarises trends and developments in the building and housing sector. 

older reports

Previous versions of  the building and housing sector trends reports are available on request.

Economic growth and industry

Updated: 10 October 2011

Gross Domestic Product (GDP) rose by 0.1% in the June 2011 quarter and by 1.5% in the year to June 2011. The rise followed a of 0.9% in the March 2011 quarter (revised up from the original estimate of 0.8%).

Construction GDP declined by 4.3% in the June 2011 quarter. The sector 's GDP also declined by 4.4% in the March 2011 quarter.

Figure 1a: GDP and Construction GDP Annual percentage change.

Source: Statistics New Zealand

Figure 1b: Treasury forecast of annual GDP growth (March year).