Despite the opposition trying to drum up a manufacturing “crisis”, the manufacturing sector is in much better heart than it was five years ago – much like the economy overall.

Since 2008, the manufacturing sector as a whole has grown by 9.2% as measured by GDP by industry. That was after it shrank by 12% in 2008.

And the BNZ- Business New Zealand seasonally-adjusted Performance of Manufacturing Index for May stood at 59.2, which is one of the highest readings in the world.

Expansion was experienced in all parts of the country and industry sub-groups were mostly in strong expansion mode during May. The manufacturing employment index rose to 55.3 – its highest reading in more than five years and an encouraging sign of more jobs ahead.

New Zealand is in much a better state than when the voters booted Labour out in 2008.