February 2021 Business Opinion Survey
The Selwyn Business Survey is a pulse check of Selwyn Businesses as told to us by businesses.
It provides a barometer measure of how businesses about doing in Selwyn and their outlook for the next 6 months.
Economic impact of COVID-19 on Selwyn district – September 2020
Selwyn’s economy has been less badly affected by the COVID-19 pandemic than initially expected.
Economic analysts Infometrics have prepared a second comprehensive overview of the anticipated economic impacts of the COVID-19 pandemic for the Selwyn district.
Download the full report Economic impact of COVID-19 on Selwyn district
It includes figures detailing the impact to the Selwyn economy over the quarter ending June 2020 - including the Level 4 lockdown period - compared to the quarter ending September 2020, forecast changes to economic activity, employment and other key indicators to March 2022, forecasts for the housing market and reflections on the wider economic recovery across New Zealand.
Among key findings are:
- Selwyn’s economy contracted by 10.4% over the lockdown period, compared to a 12.4% contraction nationally
- It rebounded and grew by 2.6% over the September quarter compared to a 3.2% contraction nationally
- Biggest hits from global recession yet to come
- Selwyn will take a smaller and later hit than most other districts (-0.9% to April 2021 and -0.7% to April 2022)
- This will be driven by a slow down in Selwyn's construction boom
- Selwyn’s economy is relatively resilient
- Primary sector exports and food product manufacturing will remain stable or expand
The Council will use the data in this report, alongside other information on economic, social and community impacts, to help inform its response to the pandemic and long-term planning for recovery.
The first Infometrics report on the impacts of COVID in Selwyn was compiled in April 2020
The information at the linked buttons below, provided by economic analyst firm Infometrics, gives an in-depth description of the our district’s economic structure and performance, and a profile of our community based on census data for Selwyn. The economic profile site offers the ability to drill down into various towns and areas within our district. You can also compare our district’s data against the whole of the country and other regions.
Relevant documents include the Greater Christchurch Urban Development Strategy and the Community Development/Economic Development:Activity Management Plan - 2012/2022 [PDF, 84 KB].
The district's economic base is centred on our natural advantages of land and water. The Food and Beverage sector (agriculture) contributes nearly 30% to our annual GDP and creates almost one third of the jobs. The Visitor sector is growing, with 6 sensational ski-fields, nationally significant gardens and wetlands, unique bouldering and adventure biking, and award-winning aromatic wines.
The Selwyn District Council has a business friendly approach and welcomes new businesses investing in the District.