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Brad Olsen: Infometrics Economist says Omicron, staffing and supply chain issues are stalling economic momentum

Brad Olsen: Infometrics Economist says Omicron, staffing and supply chain issues are stalling economic momentum
May 16, 2022 · 5m 14s

Omicron, staffing and supply chain issues are stalling economic momentum. New research from Infometrics shows economic activity has picked up slightly in the first three months of this year. However,...

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Omicron, staffing and supply chain issues are stalling economic momentum.
New research from Infometrics shows economic activity has picked up slightly in the first three months of this year.
However, the shortage of workers and materials is proving a hindrance.
But Infometrics Economist Brad Olsen told Mike Hosking when you factor in Auckland's period in lockdown, there's almost no growth at all.
He says quarter to quarter, growth is basically nothing - on their model about 0.01 percent. 
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