Thursday, October 30, 2014

There are almost half a million businesses in New Zealand - one for every nine people in the country.

The highest rate of business growth is in the construction sector.

Overall there were 487,900 businesses in February, when a snapshot was taken.

That's up 2.5% on last year, and surpasses the previous peak in 2009.

The number of high-growth enterprises exceeded 1000 for the first time since 2008.

That's businesses with an average employment growth of at least 20% a year over the last three years.

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