Due to a "real mixed bag of results" Hawke's Bay has moved down the rankings of ASB's New Zealand Regional Economic Scoreboard.
In comparison to the last quarter, Hawke's Bay moved from 6th to 10th on a scoreboard which ranks the performance of New Zealand's 16 regional council areas based on measures such as employment, construction, retail trade and house prices.
The report stated that retail sales growth was weak and the value of non-residential construction consents had fallen.
Hawke's Bay Chamber of Commerce chief executive Wayne Walford was shocked by these latest results and couldn't believe the Bay had moved down behind the West Coast.
"I am struggling to work it out as all sectors appear to be going berserk. People are seeing growth and reward, for example our pipfruit is hugely successful, as is the port and tourism, Pan Pac, SPG and Furnware, everything is booming."