Posted March 02, 2026 23:56
· last edited March 02, 2026 23:58
2ndBest
I wouldn't underestimate the impact of the current economic enviroment. Wellington has basically been in recession for three years and consumer confidence is well below historical levels and there is more pessimism than optimism (score below 100). Meaning people are holding onto their money and the first thing to go is discretionary spending.
I wouldn't underestimate the impact of the current economic enviroment. Wellington has basically been in recession for three years and consumer confidence is well below historical levels and there is more pessimism than optimism (score below 100). Meaning people are holding onto their money and the first thing to go is discretionary spending.
