David Farrar: Recessions in NZ

Here is the list of recessions since the 1980s, in NZ:

* Jun to Dec 86: -4.9%

* Jan to Jun 91: -4.8%

* Jan 08 to Mar 09: -2.9%

* Jul to Dec 10: -2.6%

* Jan to Jun 20: -10.6%

* Oct 22 to Mar 23: -0.9%

* Jul 23 to Dec 24: -0.5%

They do seem to occur a lot under or just after Labour Governments. Must just be coincidence and bad luck I guess.

David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders.