According to news source RNZ, Christchurch's economy is falling well below New Zealand's national averages, due to the rebuilds going on because of the 2011 Christchurch earthquakes.
Christchurch's real GDP grew by 1.2 percent this year in June, compared to a national growth rate of 2.5 percent. This means that there is a 0.8 percent point difference between Christchurch and other national economies - this shows the impact of declining rebuild activity.
RNZ states that tourists and people visiting the city have been spending more time in the central part of Christchurch. The tourist's enjoying Christchurch's retail stores and new modern buildings.
"Suggesting that Christchurch's central city was an attractive proposition."
- RNZ
The unemployment rate sat at 3.8 percent for June 2019, this apparently low and below the national average in NZ. Meanwhile, housing affordability remains strong for Canterbury households.
Source for information : https://www.rnz.co.nz/news/business/399132/christchurch-economy-slowing-down
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