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 September quarter 2008, the trend estimate for Victorian final demand, in volume terms, was $66,119m, an increase of 0.1% from June quarter 2008. This was below the trend growth for New South Wales and Australian domestic final demand over the same period (0.4% and 0.7% respectively).
Household final consumption expenditure is the largest component of state final demand, and accounted for 57.3% of the trend volume estimate of state final demand in September quarter 2008. This represented a decrease of 0.2% from June quarter 2008. In the past two decades the only other time there was a decrease was in the four quarters from June quarter 1990 to March quarter 1991. The other main contributors to trend state final demand were private gross fixed capital formation (23.3%) and government final consumption expenditure (16.4%).
STATE FINAL DEMAND,
Victoria, Chain Volume Measure
Change from previous quarter:
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand, Victoria, Chain Volume Measures: Seasonally Adjusted and Trend (file size 72kB)
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand, Victoria: Original (file size 52kB)