Fewer businesses trad­ing

DEMM Engineering & Manufacturing - - NEWS -

The coun­try had 472,600 businesses op­er­at­ing at Fe­bru­ary 2013, down 0.2 per­cent on 2012, ac­cord­ing to Sta­tis­tics New Zealand.

Busi­ness num­bers reached their peak of al­most 481,000 in 2009, but has de­clined ev­ery year for the past four years at 0.4 per­cent a year, on aver­age.

In 2013, new busi­ness start-ups de­creased by 5.2 per­cent from 2012, with clo­sures ex­ceed­ing start-ups for the fourth year in a row.

Businesses with­out em­ploy­ees (such as the self-em­ployed) had a higher com­bined pro­por­tion of start-ups and clo­sures at 24 per­cent.

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