In the September quarter 2011, the South Australian trend estimate of state final demand fell by 0.2% from the previous quarter, in volume terms. This was the lowest quarterly growth of all Australian states and territories, with the highest growth recorded for WA (up 4.1%).
The trend estimate of state final demand in the September quarter 2011 grew by 0.2% from the same quarter of the previous year.
The seasonally adjusted estimate in the September quarter 2011 recorded a negative growth of 1.6% on the previous quarter.
How is economic growth rate measured in your state or territory?
State final demand is a measure of economic demand for products in the economy. It is an aggregate obtained by summing government final consumption expenditure, household final consumption expenditure, private gross fixed capital formation and the gross fixed capital formation of public corporations and general government. It is different from Gross State Product (GSP) as it excludes international and interstate trade as well as change in inventories.
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