The dashboard below provides some key data and commentary around the impacts of COVID-19 on the local economy.

While data sets are updated regularly to ensure the information provided is as up-to-date as possible, please be aware that the figures do not represent a real-time snapshot.

Electronic card spending

(% change from same week in 2019)
Source: Marketview
  • Palmerston North City
  • New Zealand
Weekly retail electronic card spending is showing signs of a steady recovery, showed a weekly increase of between 1% and 7% over the month of December 2020, compared to the same weeks in 2019. There was an expected peak over the Christmas period, with levels returning to normal at the start of 2021.

Number of jobseeker support recipients

Source: Ministry of Social Development
  • Palmerston North City
The number of Jobseeker Support recipients in Palmerston North increased 26%, from 2,651 in April 2020 to a peak of 3348 in November 2020. In contrast, the number of Jobseeker Support recipients in New Zealand increased 56% over the same period.

Trade Me job advertisement index

Index: Feb-20=100 (four-week rolling average)
Source: Sense Partners analysis of Trade Me data
  • Palmerston North City
  • Manawatū-Whanganui Region
  • New Zealand
The number of job advertisements on Trade Me showed slower recovery in recent weeks, compared to other Territorial Authorities in the region. However recovery for Palmerston North City still out performing the overall trend line for New Zealand.

Value of building consents issued

(Years ended October, $ million)
Source: Statistics New Zealand
  • Palmerston North City
There was strong growth in both residential and non-residential consents in Palmerston North. Residential consents increased to $178 million in the year end October 2020, up from $168 million for the year end October 2019. While, non-residential consents $178 million, up from $81 million over the same period.

Summary Table

as at 30 June 2019

Population

Provisional
Source: Statistics New Zealand

90,400

Year ended March 2020

GDP ($ million)

2019 prices, chain-volume series
Source: Infometrics

$5,016

as at February 2019

Workforce (no.)

Includes an estimate for the self-employed
Source: Infometrics

52,467

Year to March 2019

Median earnings

Full quarter jobs
Source: Statistics New Zealand

$52,130

Year to March 2019

Annual salaries and wages ($ million)

Source: Statistics New Zealand

$2,723

April 2020

Average house price

Average for past 3 months
Source: REINZ

$507,209

April 2020

Average weekly rent

Average for past 12 months
Source: MBIE

$346