In the September quarter 2011, the WA trend estimate of state final demand increased by 4.1% from the previous quarter, in volume terms. This was the highest quarterly growth of all Australian states and territories, with the lowest quarterly growth recorded for SA (a negative growth of 0.2%).
The trend estimate of state final demand in the September quarter 2011 for WA rose for the fifth consecutive quarter since June 2010.
The seasonally adjusted estimate in the September quarter 2011 increased by 8.4% from 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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