Category Archives: GDP

Australia’s GDP grows by 0.6% in March, 2.6% for the past year

First the obligatory, “less than analysists” expected sentence. OK. Now onto the data. Yep, the ABS in the midst of the quarterly economic nerd week, released the national accounts today. Growth was below trend. Even trend growth was below trend. … Continue reading

Posted in Economy, GDP, Industrial Relations, Productivity | 4 Comments

Drum piece: Plus a look at Australian and USA’s GDP over the years

My Drum piece today looked at a few things about our economy and how it is going compared to the rest of the world, and also how we seem to be getting just a bit more confident. This of course … Continue reading

Posted in Economy, GDP, The Drum

Drum Piece: Recessions ain’t all that technical

My Drum piece today got a bit econ nerdy and talked about whether or not Victoria is in a recession on the basis of 2 consecutive quarter (or perhaps even 3) of negative growth of State Final Demand. My points … Continue reading

Posted in Economy, GDP

GDP–Australia’s economy grows by 3.1% in 2012, but looks to be slowing

I was going to do this last night, but I was side-tracked doing some other work, and also by the laughs going on down in Victoria. So here is yesterday’s post today: *** And so today the December 2012 National … Continue reading

Posted in Economy, GDP | 2 Comments

Australia’s Annual GDP Growth Falls to 3.1%

And so this wonderful week of economic data hit the peak today with the national accounts being released by the ABS (labour force and industrial disputes are out tomorrow). The September quarter figures should in seasonally adjusted terms, Real GDP … Continue reading

Posted in Australian politics, Economy, GDP

Australia’s June Quarter GDP growth is 0.6%

Today the ABS released the quarterly national accounts. The headline figure is GDP growth marginally below expectations of 0.6% in seasonally adjusted terms. In trend terms it came in at 0.8% The biggish news is that the March GDP growth … Continue reading

Posted in Economy, GDP, Industrial Relations | 1 Comment

GDP, Inflation, Unemployment: A Unique 3 of a kind for the March 2012 Quarter

The GDP figures released today got me thinking about how unusual the economy is right now. And when I hear talk of Joe Hockey about “how much better we would be if we had a good government” I got to … Continue reading

Posted in Australian politics, Economy, GDP | 1 Comment

GDP Grows by 1.3%

Well today at 11:30 the ABS released the National Accounts, and wow! I mean wow!! What a beautiful set of numbers. Quarterly GDP growth of 1.3% in seasonally adjusted terms and 0.9% in trend terms, leading to a booming annual … Continue reading

Posted in Economy, GDP | 3 Comments