ABS - Latest Economic Indicators

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ABS - Latest Economic Indicators

#1 Post by Will » Wed Dec 06, 2006 5:22 pm

This is from the ABS website.

http://www.abs.gov.au/ausstats/abs@.nsf ... enDocument

SEPTEMBER QUARTER

Summary Comments

State Final Demand
· In trend terms, growth in the September quarter was strongest in Queensland (up 1.9%) and the Northern Territory (up 1.5%), and weakest in Tasmania (down 0.9%). In seasonally adjusted terms, the Northern Territory (up 4.6%) showed the strongest growth with the major contributor being private gross fixed capital formation. Seasonally adjusted growth was weakest in Tasmania (down 3.6%), due mainly to a decline in public gross fixed capital formation, followed by Western Australia (down 3.4%), due predominantly to a decline in private gross fixed capital formation.



Household final consumption expenditure
· In trend terms, all states experienced growth ranging from 1.1% in Western Australia to a low of 0.5% in Tasmania. Growth in seasonally adjusted terms was recorded in all states with the strongest growth in Western Australia (up 1.1%).


Government final consumption expenditure
· In trend terms, all states experienced growth in government final consumption expenditure with the strongest growth in Queensland (up 1.6%). Seasonally adjusted growth fell in the Australian Capital Territory (down 0.4%), while all other states recorded growth with the strongest in South Australia (up 2.6%).



Private gross fixed capital formation
· In trend terms, the strongest growth was recorded in the Australian Capital Territory (up 3.7%). Trend growth was weakest in Tasmania (down 6.3%). In seasonally adjusted terms the strongest growth was recorded in the Northern Territory (up 12.2%), with the weakest growth in Western Australia (down 10.1%).
· In seasonally adjusted terms, investment in machinery and equipment was mixed, with the Northern Territory recording the strongest growth (up 12.2%), while Tasmania recorded the largest fall (down 23.4%). The strongest growth in non-dwelling construction occurred in the Northern Territory (up 29.4%), with the weakest growth in the Australian Capital Territory (down 20.6%).



Public gross fixed capital formation
· Trend growth was strongest in Queensland (up 9.4%), while the largest fall was recorded in the Australian Capital Territory (down 10.6%). In seasonally adjusted terms, strong growth was recorded in Queensland (up 23.9%), while a large fall occurred in Tasmania (down 60.2%).




MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES

Trend

% change Jun 06 to Sep 06

New South Wales -0.1

Victoria 0.4

Queensland 1.9

South Australia 0.7

Western Australia 0.7

Tasmania -0.9

Northern Territory 1.5

Australian Capital Territory 0.6

Australia (DFD)(a) 0.6




% change Sep 05 to Sep 06

New South Wales 0.6

Victoria 1.6

Queensland 8.0

South Australia 1.8

Western Australia 9.3

Tasmania -2.5

Northern Territory 4.2

Australian Capital Territory 4.8

Australia (DFD)(a) 3.4

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