Bridget Snelling: Xero Country Manager on small business sales growing 8.6% year on year, led by agriculture
Farming is powering strong small business sales growth.
A Xero Small Business Insights report reveals an 8.6% year on year increase in sales in the June quarter.
Agriculture saw a 16.3% increase, construction climbed 11%, and manufacturing rose 8.6% during the same time period.
Country Manager Bridget Snelling told Mike Hosking it is a bit of a two-speed recovery, with retail only growing by 6.4%.
She says there’s some ongoing uncertainty around fuel costs and geopolitical events which will continue to influence small businesses when it comes to hiring and investment decisions.
Plus, Snelling…
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