Economic Overview
Our regional economy is built on strong foundations and a strong history of stable growth.
We are well positioned to take advantage of international opportunities while continuing to maximise our local advantages.
Ours is a regional economy that has traditionally afforded us protection from the worst of economic shocks.
- Our strong public sector presence such as defence and education helps to provide strong economic foundations.
- While impacted from time to time by global markets, our rural sector builds on these foundations and has strong growth potential, particularly around food innovation.
- Our growing reputation as a logistics hub keeps us connected to the rest of New Zealand and the world.
It is from these strong foundations that other niche opportunities in manufacturing, IT and a raft of other opportunities are able to flourish.
Innovation is the key to a prosperous future for our region.
All the pieces are in place to take the best of our ideas to the world thereby stimulating economic, social, cultural and environmental growth
Statistics
Palmerston North and the wider Manawatu region is a great place to locate your business.
Known for its Young Heart and Easy Living brand its location as an ideal place for families to live, work and play with low cost of living (particularly housing), great schools, tertiary study and short commuting times all being factors for people deciding to relocate here.
To provide you with a better understanding of the components of the Palmerston North City economy and the contribution each sector makes to the demographic and economic growth of the region please click on the following links:
