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Category: Anthony Kosturjak
Retail Sales March 2017
South Australian retail sales were quite healthy in the first quarter of 2017. Data released by the Australian Bureau of Statistics today indicate that the volume of South Australian retail turnover rose by 0.5 per cent in the March quarter 2017. In comparison, national retail turnover rose by 0.3 per cent.
The latest monthly data, which […]
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Labour Force March 2017
Labour force estimates released by the Australian Bureau of Statistics today indicate that South Australia’s trend employment rose by 862 persons (0.1 per cent) in March 2017, while the number of unemployed people rose by 535 persons (0.9 per cent). Despite the relatively larger increase in unemployed persons, the trend unemployment rate remained steady at […]
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South Australia’s long term unemployment problem
South Australia’s comparative labour market performance over the past 5 years has been quite poor. The unemployment rate for South Australia rose strongly over the 4 years to mid-2015, and remains persistently above the national figure – see Figure 1. The deterioration in labour market conditions is a consequence of various factors, including but not […]
Merchandise Exports February 2017
Latest merchandise trade data released by the Australian Bureau of Statistics today indicates that the value of South Australia’s international goods exports rose by 21 per cent to $986 million in February 2017. In comparison, the value of national goods exports rose by 2.4 per cent to $23,341 million.
While South Australia enjoyed a strong export […]
The decline of manufacturing in South Australia
The manufacturing sector has historically been of moderately greater importance to the South Australian economy than the national economy. One of the characteristic features of South Australia’s more recent economic development is that this relatively greater importance of manufacturing has now almost completely disappeared.
Figure 1 show the manufacturing sector’s share of South Australian gross state […]