NSW has cemented its position as the most confident state in the nation when it comes to consumer sentiment.
NSW Treasurer Gladys Berejiklian welcomed the news, which showed the Westpac-Melbourne Institute Index of Consumer Sentiment for NSW rising by 4.9 per cent to 111.1 in May.
“This impressive result confirms that consumers in NSW are the most confident in the nation,” Ms Berejiklian said.
“This is yet another sign that the NSW economy is in a strong position.”
Today’s figures come off the back of official labour force data which showed 9,800 jobs were created in NSW in April – almost twice as many jobs compared to any other state.
Ms Berejiklian said the Liberals & Nationals Government would continue to work hard to further strengthen the economy.
She pointed to the Coalition Government’s Rebuilding NSW plan which will provide a $20 billion boost to infrastructure and grow the economy by an extra $300 billion over the next two decades.
“Our massive infrastructure pipeline will further support jobs, boost economic growth and lead to an even more confident consumer,” Ms Berejiklian said.