Hardware & homeware spending +11% for w/e 11 March. Plus, Waikato is a spending hot spot.
Data for the January 2018 month suggests it could be an atypical February...
Figures say 2017 hardware, building & garden supplies retail sales reached $8.1b (+5.4% on 2016).
Building work put in place $21.2b (+6.8%), residential $13.9b (+9.7%), non-residential $7.4b (+1.8%).
By value, residential consents were +22% (+9.4% by volume), non-residential +42% by value.
Spending on appliances week ending 18 February was up again at +13.8%, way ahead of the market.
Overall, online spending was +7% on December 2016, but spending rebounded in January.
Biggest growth was spending on appliances over the week including Waitangi Day (w/e 11 February).
Data for Nov and Dec 2017 from CreditWorks confirms end of year debt reduced alongside work levels.
Appliances experience another spike with spending +13.3% for week ending 4 February.
Consent numbers for calendar year 2017 lack the double digit growth of the last few years.
Spending growth returns as people go back to work; also in review, spending's pre-Xmas peak...
December's actual core retail spending was $5.78 billion, +3.7% on December 2016.
Online spending on Furniture, Housewares & Hardware was +14%, double overall online growth.
By value, total consents were +17%. Residential consents were +11%, non-residential +34% by value.
Consumer Spending Series for w/e 7 January shows spending last week was 5% down on same time last year.
$59 billion was spent through Paymark for the year. Growth softened slightly around major centres.
Spending under 2% up on 2016 for the week ending 10 December, but Hardware & Homeware is +9%.
Data for October 2017 from CreditWorks confirms the previous outlook – more of the same.
Spending online on Furniture, Housewares & Hardware slows to 4% in October.
Consumers "take a breather" after Black Friday but hardware & homeware spending still +8.2% on last year
Actual value of total building activity was +6.4%, residential +9.7% and non-residential +0.6%.
October 's just released residential consents: slight fall in volume but value is +8% with YTD +7%.
Data for September 2017 from CreditWorks Data Solutions confirms last month’s forecast that debt levels would stabilise and DSOs improve.
Consumer Spending Series shows hardware & homeware spending +13.8% for w/e 12 Nov.
BNZ Marketview stats also say online spending on Furniture, Housewares & Hardware was flat.
Rider Levett Bucknall’s Q4 2017 crane count also says activity dipped for the first time since 2015.
Elsewhere gardening and DIY weren't a priority as NZ hardware & homeware spending rose just 1.4%.
Total Kiwi online retail shopping was +12% on Aug 2016. Spending offshore was +14%, local +10%.
Latest stats for w/e 3 Sept put overall spending growth at less than 2% - is the Election to blame?
But it was slightly down on the March quarter, according to Stats NZ's latest figures.
Volume of hardware and homeware spending +10.5% w/e 27 August, value growth more modest.
Total online spending on Furniture, Housewares & Hardware for July is +6%, slightly behind the market.
August spending kicks off "with a hiss and a roar"; liquor, takeaway and fuel biggest growers.
Hardware, Building & Garden Supplies takes in $1.8 billion (+6.8%) in June quarter's RTS figures.
Latest BNZ-Marketview spending stats for w/e July also show gas prices +8.4%, as scrutiny lessens.
Dwellings are +4.7% YTD but the June month saw a drop in volume and value also for non-residential.
Updated: Latest Weekly Consumer Spending Series shows hardware & homeware spending just +0.5%.
New "experimental" stats show last year it took 10 months to build a house from consent to completion.
Spending on hardware and homeware +4.5% in latest BNZ Marketview Consumer Spending Series.
Stats NZ reports record annual net migration for the year to May 2017 driven by mainly non-NZ citizens.
But stats for w/e 11 June have hardware & homeware spending +8.37% by value and +5.8% by volume.
Apparel gains despite slight dip in core retail spending in May 2017 Electronic Card Transactions.
Hardware and apparel down on 2016 in BNZ-Marketview's Consumer Spending Series for w/e 4 June.
Residential work in train has eased, while non-residential has fallen compared to the Dec 2016 quarter.
BNZ Marketview Weekly Spending Series for w/e 28 May has value growth at +2.2%, volume +4.8%.
Cyclone Cooke had an impact says the BNZ Weekly Consumer Spending Series for w/e 16 April.
February's dwellings volume +1.6% on Feb 2015 but value is negative 2%. Overall consent value +1%.
Debt figures from CreditWorks for February 2017 show the effect of recent short months.
Are Statistics NZ's January 2017 residential consent figures reason for concern? Could be...
BNZ's Consumer Spending Series w/e 5 February has hardware & homeware +21.1%, ahead of fuel and food!
But year end stats for Jan-Dec 2016 show dwelling consents +10.5% by volume, +19% by value.
But Stats NZ's November consent data confirms 11-year dwelling high by volume.
Our final report on debt in the channel for 2016 from CreditWorks shows debt level down but warns now is not the time to leave your debtors to their own devices.
Our regular report on debt in the channel for October shows debt levels remained steady.
As predicted, there was little change in either ageing or overall debt during September.
Debt may have fallen in June but it's still above last year's level - what's the forecast?
Data from CreditWorks suggests that, although collections are improving overall, debt is a concern.
April’s debt figures show further improvement for the building materials industries, with a couple of exceptions.
Although February proved troublesome for some in the industry, March brought some respite.
Reduced building activity during the summer months continues to be good for the channel's debt levels.
on the side
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