Data Collection 1978 - 2017

Notes about this release Data for 2016 and 2017 are provisional estimates. Industry-level data is available up to 2017, inclusive. We present the 2017 data for the measured sector and former measured sector. Data sources We derived the data used in this release from the sources below. Data Publication Release date Output Gross Domestic Product: September 2017 quarter 21-Dec-17 Labour volume Linked Employer-Employee Data: September 2016 quarter 23-Nov-17 Labour Market Statistics: September 2017 quarter 25-Oct-17 Linked Employer-Employee Data: March 2016 year (annual tables) 24-Nov-17 Capital National accounts (industry production and investment): Year ended March 2016 24-Nov-17 Income shares National accounts (industry production and investment): Year ended March 2016 24-Nov-17 User costs National accounts (industry production and investment): Year ended March 2016 24-Nov-17 Revisions We incorporated several revisions in this release. The revisions are usually driven by new or improved data that affect historical results, or changes to the underlying measure – in both cases we aim to better represent the real-life situation of a changing society, economy, and environment. The key revisions are discussed below. More up to date balanced output data The timeliness of balanced national accounts has been improved by one year, with goods and service flows reconciled up to the March 2016 year. This will enable customers to have more up-to-date data for economic models and provide better information on the current growth of New Zealand’s economy. Revised constant-price GDP data brings improved quality to the most recent estimates of the output series. This has seen sizeable revisions to output and multifactor productivity for 2016. See Preview of 2017 national accounts improvements and GDP quality receives ‘bump’ from new annual benchmarks for information regarding recent methodology changes. 2013 Census of Population and Dwellings Incorporation of the 2013 Census of Population and Dwelling data has provided new benchmarks for areas where HLFS data is used. Namely, employee counts and average weekly hours for components where LEED and QES information are not available. This has revised some output from 2006 onward for some industries. Redevelopment of the Household Labour Force Survey The Household Labour Force Survey (HLFS) has been redesigned. This has resulted in some historical revisions to hours. More information is contained in Household Labour Force Survey – Revisions to labour market estimates Other Revisions Updates in data sources have also led us to make revisions to the previously published productivity series. Please refer to tables 1.07, 1.08, 2.07, and 2.08 in the downloadable Excel spreadsheets for the magnitude and direction of these revisions. Regular revisions (due to updates in data sources) arose from the following: • revised constant-price GDP data, feeding into the output series. • revised current-price national accounts data, feeding into the industry income-based weights. • revised current- and constant-price productive capital stock data, feeding into the capital input series. • revised labour data, feeding into the labour volume series. Due to the amount of provisional data used in productivity calculation for the most recent years, data for the last two years of the series are provisional. en-NZ