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Speaker 1: While we watch and waits Trump and his comments on

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Speaker 1: the situation in the Middle East. He's done a media

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Speaker 1: stand up a short time ago. Katie Fisher, a US

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Speaker 1: correspondent with US Katie, what's he saying?

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Speaker 2: Well, he's not doing anything to end this speculation as

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Speaker 2: to whether or not the US is going to go

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Speaker 2: in and help Israel. Then it's strikes.

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Speaker 3: We get quarter one GDP data out today.

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Speaker 1: We were expecting an increase of point four that's according

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Speaker 1: to the economists. Now they reckon something more like point

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Speaker 1: seven for the quarter. Manufacturing data looks strong for quarter one,

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Speaker 1: but things are potentially more dicey for quarter two. David

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Speaker 1: Sways is the CEO of Dodson Group. This is a

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Speaker 1: manufacturer seventy five staff across three manufacturing plants in Auckland

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Speaker 1: and is with us for the lowdown. David, good morning,

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Speaker 1: Thanks for having me on RAN.

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Speaker 3: Great to have you here. So you're a manufacturer, you're

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Speaker 3: an exporter. It's a niche market. Can you just give

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Speaker 3: us an idea of what it is you do?

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Speaker 2: Yes, known for the dots in line of high performance

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Speaker 2: car parts that we make here in Auckland and we

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Speaker 2: distribute internationally. So those are those are transmission parts, so

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Speaker 2: they're upgrade parts to make kind of fast cars faster.

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Speaker 2: And then we also manufacture precision components for other UH

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Speaker 2: other New Zealand UH manufacturers and exporters, so things like

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Speaker 2: precision precision metal parts, gears, gearboxes. So we're really kind

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Speaker 2: of on the front end of the economic cycle and

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Speaker 2: we get a get a good look early. We're usually

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Speaker 2: kind of six months ahead of you know, kind of

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Speaker 2: the data that's coming out in the news and what

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Speaker 2: the central banks point notes. We we get a good

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Speaker 2: kind of early look at what's happening in the economy.

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Speaker 3: Does that mean right now things are actually okay for you?

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Speaker 2: Yeah? I mean look for us, I would say things

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Speaker 2: probably turned a corner in like February March time print,

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Speaker 2: and we actually feel pretty good about what's happening out there.

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Speaker 2: I know, you know, there was the weak print on

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Speaker 2: the p M I last month, and that's a prised

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Speaker 2: us a little bit because you know, it hasn't shown

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Speaker 2: up in the order book. I think maybe there was

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Speaker 2: there's been some trepidation on you know, what's coming on

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Speaker 2: to the US, But I think overall, I mean, you know,

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Speaker 2: order books are holding up pretty strong, and uh, you know,

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Speaker 2: for the good news out of this GDP print is

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Speaker 2: that you know, wages worked have been about flat and

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Speaker 2: I know that doesn't sound good for workers, but that

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Speaker 2: that implies productivities up and and that's good for the

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Speaker 2: economy and that's good for the standard of living of

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Speaker 2: New Zealand. To see that productivity, uh, you know, back

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Speaker 2: on it on the type of of curve and type

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Speaker 2: of increase that we want to see. So and I

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Speaker 2: think any business you know, who who who, uh you know,

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Speaker 2: had their head in the right place over the last

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Speaker 2: two years when things were slow, was investing in the

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Speaker 2: business to try to come out you know with a

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Speaker 2: productivity increase on the other side whence things picked up.

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Speaker 2: And I know that's certainly certainly where we're at right now.

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Speaker 1: That's fantastic to hear and certainly reflect than that survey

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Speaker 1: we saw from two Degrees this week how businesses are

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Speaker 1: feeling about productivity, which is always one of our big problems.

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Speaker 3: David appreciate that. David spaz CEO of Dodson Group.

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