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

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Manage episode 328632023 series 2098285
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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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