TAG: retail trade
In this edition of the Data Wrap we consider the latest regional population estimates which emphasise that not only do South Australian regions face demographic challenges in terms of falling or slow growing populations, but also population ageing. We also review the latest results in respect of retail sales, building approvals and job vacancies.
Our ageing […]
The news earlier this week that SA construction company York Civil has gone into voluntary administration came as a surprise, particularly considering that various indicators point to generally healthy conditions in the South Australian construction sector. In our latest Economic Briefing Report, we concluded that activity in the SA construction sector rose strongly over the […]
The overarching story from this week’s Data Wrap is that economic conditions in South Australia have moderated recently. Data on final demand, exports and retail sales all point to weaker trends during the early months of the year.
South Australia’s final demand growth slows
The ABS released estimates of state final demand (SFD) on Wednesday as part […]
In this edition of the Data Wrap we take a look at key data releases over the past couple weeks that provide insight into the recent performance of the South Australian economy. Topics include the latest labour market report, wages growth, retail sales, local government price inflation, and forward indicators for the residential building sector.
Demand growth slows back to trend pace
Outside monthly employment data, quarterly estimates of state final demand (SFD) provides the best gauge of recent macroeconomic developments for the South Australian economy. SFD comprises all final consumption and investment expenditures made in the state, but excludes other forms of economic activity, most notably exports.
The latest SFD estimates […]
South Australian Data Wrap – goods exports and building approvals at strong levels, but retail sales disappoint
South Australian merchandise exports remain at a strong level despite recent softening
The Australian Bureau of Statistics produces state level estimates of the value of overseas goods exports on a monthly basis. The latest estimates released last Thursday show that South Australia’s overseas goods exports have moderated over recent months, but remain well up compared […]
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 retail sales showed continued strength in April, following a solid result in the March quarter. According to the Australian Bureau of Statistics, the value of retail sales in seasonally adjusted terms rose by 1.1 per cent in April 2017. In comparison, national retail sales rose by 1.0 per cent. The latest monthly national […]
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 […]