Economists predict ‘rosy’ year for Marlborough

The Marlborough economy is well placed to weather most economic challenges during the next 12 months, economists say. Export growth from the wine industry, as well as growing international tourism trends, especially from China, is expected to help insulate the region from economic issues, such as the low dairy payout, facing larger regions. Infometrics senior economist Benje Patterson and ANZ chief economist Cameron Bagrie each spelled out a positive outlook for Marlborough over the next year at separate meetings in Blenheim.