STATE FINAL DEMAND
State final demand is the estimate 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.
In December quarter 2009, the trend estimate for Victorian final demand, in volume terms, was $76,558 million, an increase of 1.8% from September quarter 2009. This was above the trend growth for New South Wales (1.6%) and Australian domestic final demand (1.4%) over the same period.
Household final consumption expenditure is the largest component of state final demand, and accounted for 56.7% of the trend volume estimate of state final demand in December quarter 2009. The trend volume estimate of household final consumption expenditure increased by 0.6% from the previous quarter. The other main contributors to trend state final demand in December quarter 2009 were private gross fixed capital formation (23.3%) and government final consumption expenditure (15.8%).
View underlying data as an Excel spreadsheet: Download State final demand, Victoria, Chain volume measures: Seasonally adjusted and trend and State final demand, Victoria, Original from the Downloads Page.
State final demand, Chain volume measures
: Trend
- Change from previous quarter
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