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Speaker 1: Right, the sun has come out from behind the clouds.

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Speaker 1: For business owners. New data from two degrees shows optimism

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Speaker 1: is that its highest since twenty twenty one. Forty five

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Speaker 1: percent of business leaders feel better about their footing than

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Speaker 1: they did a year ago. Simon Arcus is Business Central

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Speaker 1: CEO with me this morning. Simon, good morning, Good morning

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Speaker 1: to you, Ryan. How are you very well? Thank you?

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Speaker 1: Does this include Wellington businesses?

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Speaker 2: Look, it does include Wellington businesses. It's good to see

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Speaker 2: and really really good to also that businesses feel like

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Speaker 2: the future is looking brighter.

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Speaker 1: Interesting they also talk about I mean, productivity has been

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Speaker 1: a bugbear of ours for a long time, but businesses

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Speaker 1: themselves reporting that they think productivity is trending upwards.

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Speaker 2: I think it's a really interesting observation, Ryan, that's partly,

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Speaker 2: I think because the reality is that it's been a

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Speaker 2: big focus of business in the last or one and

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Speaker 2: of course the government is driven by raising productivity. Probably

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Speaker 2: the one thing I'd noted which is really interesting is

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Speaker 2: this month we had actually contraction in the manufacturing and

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Speaker 2: the services industry. So there's a piece of data going

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Speaker 2: the out of way as well, which is really interesting too.

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Speaker 1: Yeah, how do you marry those things up. I mean

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Speaker 1: it is one It is one moment, isn't it.

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Speaker 2: It is one month? And I think I think two

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Speaker 2: things can be true at once, and you can have

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Speaker 2: optimism often precedes, you know, a good news, and you

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Speaker 2: can have a little bad news on the way. I

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Speaker 2: think the reason for that is the businesses they get

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Speaker 2: they have a sense of what the future is looking like,

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Speaker 2: so they've got forward orders, they've got all those sorts

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Speaker 2: of things. So actually, probably isn't the worry that it

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Speaker 2: might be any other time, So that optimism is a

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Speaker 2: good thing.

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Speaker 1: And no one said it was going to be a straight, safe,

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Speaker 1: easiy flight path out of the quagmire, right, It's always

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Speaker 1: going to be a little bit bumpy along the way.

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Speaker 2: I think bumpy is a great word. I think we're

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Speaker 2: bumping along the bottom a little bit. There are sort

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Speaker 2: of haltering momentary things seem to improve, and then we

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Speaker 2: sink back a little bit. But I think it's two

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Speaker 2: steps toward, one step back. But the general direction and

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Speaker 2: the two degrees survey seems to confirm this is good

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Speaker 2: optimistic feeling.

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Speaker 1: About the FUTU appreciate your time this morning, Simon. Great

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Speaker 1: to have you on the show. Simon Arcis Business Central

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Speaker 1: CEO with us from Wellington this morning. For more from

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Speaker 1: Early Edition with Ryan Bridge, Listen live to news Talks

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Speaker 1: it'd be from five am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio