Money Mail 151 - How The Economy Stops

Published: April 1, 2023, 1:46 a.m.

b'In March Stats NZ told is that Gross domestic product (GDP) fell 0.6% in the December 2022 quarter. This means we are 1/2 way to a recession. Or maybe we are the whole way? A technical recession is 2 quarters of negative growth. 1 down, 1 to come. The second quarter is March 2022 which actually finishes today. Guess what? We won\\u2019t get that data until June.

Hey thanks for listening! Please take some form of action from this content, don\\u2019t just be a consumer, become a producer! Make sure you\\u2019re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let\\u2019s get on with it.

Find us here:
@keepthechange_nz
https://www.keepthechange.co.nz/


Hosted on Acast. See acast.com/privacy for more information.

'