Ru­ral sec­tor strong

Manawatu Standard - Property Weekly - - Property -

The ru­ral sec­tor con­tin­ues to lead solid eco­nomic growth in the Manawatu re­gion, which recorded a 1.2 per cent in­crease in GDP in the year to June 2010. Elaine Reilly, chief ex­ec­u­tive of Vi­sion Manawatu, says the com­ple­tion of sev­eral ma­jor con­struc­tion projects and a de­cline in new hous­ing con­sents has re­moved some of the stim­u­lus to eco­nomic growth in the re­gion. How­ever, con­tin­u­ing strength in the pri­mary sec­tor is pro­vid­ing sup­port for the man­u­fac­tur­ing, con­struc­tion and ser­vice sec­tors.

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