In our August 2021 Monthly Economic Webinar, Infometrics Principal Economist Brad Olsen breakdowns what we know, and what we can expect, from Alert Level 4 this time around, supported by Chief Forecaster Gareth Kiernan and Senior Economist Rob Heyes. The economy is expected to take a tough hit from our second national lockdown. Brad outlines the expected hit to spending, economic activity, and how New Zealand’s ability to respond to Alert Levels have changed over time. He also discusses the government’s response and fiscal position, alongside longer-term issues around the still-tight labour market.