Pro­duc­tiv­ity up, staff num­bers down

DEMM Engineering & Manufacturing - - NEWS -

The lat­est New Zealand Man­u­fac­tur­ers and Ex­porters As­so­ci­a­tion (NZMEA) sur­vey of busi­ness con­di­tions com­pleted dur­ing Jan­uary, shows to­tal sales in De­cem­ber 2013 in­creased 2.02 per­cent (year on year ex­port sales in­creased by 17.09 per­cent with do­mes­tic sales de­creas­ing 14.0 per­cent) on De­cem­ber 2012.

The sur­vey sam­ple cov­ered $ 383m in an­nu­alised sales, with an ex­port con­tent of 59 per­cent. Net con­fi­dence was un­changed on Novem­ber, at 30.

The cur­rent per­for­mance in­dex (a com­bi­na­tion of prof­itabil­ity and cash f low) is at 101.7, down from 104 in Novem­ber.

The change in­dex (ca­pac­ity util­i­sa­tion, staff lev­els, or­ders and in­ven­to­ries) was at 103, down from 104 in the last sur­vey, and the fore­cast in­dex (in­vest­ment, sales, prof­itabil­ity and staff) is at 103.67, up on Novem­ber’s re­sult of 102.83. Any­thing less than 100 in­di­cates a con­trac­tion.

A net 30 per­cent of firms re­ported a rise in pro­duc­tiv­ity for De­cem­ber. Staff num­bers for De­cem­ber fell year on year by 2.25 per­cent.

Staff short­age re­ported in­cluded trades­per­sons, oper­a­tors/labour­ers, su­per­vi­sors and man­agers and a mi­nor short­age for pro­fes­sion­als/sci­en­tists.

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