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Category: data wrap
A round up of recent major economic and social indicators for the state of South Australia.
South Australian Data Wrap – Australia’s subdued GDP growth and electricity prices surge
Australian economy grows weakly
Australia’s real Gross Domestic Product (GDP) rose by 2.0 per cent in 2016/17, according to the annual national accounts released by the Australian Bureau of Statistics last Friday. This GDP result is the weakest since 2008/09 (1.9 per cent) when the Global Financial Crisis triggered a global recession.
Disappointing GDP growth was in […]
South Australian Data Wrap – unemployment declines while Census data reveals structural changes
Unemployment continues to decline
South Australia’s trend unemployment rate fell below 6 per cent in September for the first time since early 2013. ABS Labour Force Survey figures show that the trend unemployment rate fell to 5.8 per cent, down from 6.0 per cent in August. This decline was foreshadowed by a significant fall in the […]
South Australian Data Wrap – motor vehicle sales down as Holden era comes to a close
The most significant economic development in South Australia this week will of course be the cessation of local motor vehicle production when Holden ends manufacturing operations at its Elizabeth plant this Friday. About 950 employees will be directly affected by the closure, while additional jobs will be lost through the supply chain. Adjustment to the […]
South Australian Data Wrap – building approvals up, but retail sales down
Building Approvals Rise Strongly
South Australian building approvals rose strongly once again in August, which suggests that activity in the local construction sector should remain quite solid through the remainder of the year. The trend estimate of the total value of building jobs approved rose by 6.9 per cent in August to be up 35 per […]
South Australian Data Wrap – interstate emigration flows continue
Population growth remains slow as interstate emigration remains strong
The Australia Bureau of Statistics most recent estimates of resident population for the states and territories show that South Australia continues to endure relatively slow population growth. South Australia’s population grew by 0.6 per cent through the year to the March quarter 2017, down slightly from 0.7 […]
South Australia Data Wrap – labour market conditions continue to improve
Another positive labour market report for South Australia
The August results of the Labour Force Survey released by the Australian Bureau of Statistics (ABS) last week paint a brighter picture of labour market conditions for South Australia. Trend estimates indicate that total employment rose by 2,040 persons to approximately 827,000 persons in August, while unemployment […]
SA Data Wrap – 11 September – National Accounts point to solid growth in June quarter
This week’s data wrap considers the latest National Accounts data, which indicates that the South Australian economy was growing at a solid pace in the June quarter. However, consideration of more recent partial indicators suggest that economic conditions had eased early in the September quarter.
State final demand continues to grow solidly
The various partial indicators of […]
South Australian Data Wrap – 4 September
In today’s data wrap we review the key data releases from last week that provide insight into South Australia’s recent macroeconomic performance.
Construction activity continues to grow solidly
Activity in the South Australian construction sector rose solidly in the June quarter, extending the strong recovery that emerged in late 2016. Preliminary estimates released by the Australian Bureau […]
South Australian Data Wrap – 25 August
This week has been a quiet week for Australian Bureau of Statistics data releases in respect of the South Australian economy.
There was good news for the state economy with the announcement that OZ Minerals’ Board had approved the $916 million development of its Carrapateena copper gold mine. The mine is located 160km north of Port […]
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South Australian Data Wrap – 18 August
Labour market conditions continue to improve
Results from the Labour Force Survey (LFS) released by the ABS yesterday indicate that labour market conditions in South Australia continued to improve in July. The total number of persons employed measured in trend terms rose by 1,091 persons (0.1 per cent) in July, while the number of unemployed persons […]
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