STATE FINAL DEMAND
State final demand measures the total value of goods and services that are sold in a state to buyers who wish to either consume them or retain them in the form of capital assets. It excludes sales made to buyers who use them as inputs to a production activity, export sales and sales that lead to accumulation of inventories.
Measures of state final demand make no distinction between demand that is met by goods and services produced within the state in question, or by supplies sourced from another state, or from overseas. State final demand is therefore not a measure of the value of production activity occurring within a state.
Note: As of 20 November 2006, the Telstra Corporation was effectively privatised. For the purpose of ABS statistics this change from public to private sector was effective from March quarter 2007. The classification of Telstra has changed from public sector non-financial corporation to private sector non-financial corporation from the March quarter 2007. There is a trend break from March quarter 2007 in a number of series related to the privatisation of Telstra. As a result no trend estimates are published for these series. For more information please see Information Paper: Treatment of Telstra in ABS statistics (cat. no. 8102.0) released 26 February 2007.
In June quarter 2008, the trend estimate for Victorian final demand, in volume terms, was $64,969m, an increase of 1.1% from March quarter 2008. This was above the trend growth for New South Wales (0.4%) and equal to the Australian trend growth (1.1%) domestic final demand over the same period.
Household final consumption expenditure is the largest component of state final demand, and accounted for 57.7% of the trend volume estimate of state final demand in June quarter 2008. This represented an increase in household final consumption expenditure of 0.4% from March quarter 2008. The other main contributors to trend state final demand were private gross fixed capital formation (23.3%) and government final consumption expenditure (16.1%).
STATE FINAL DEMAND,
Chain volume measure -
Change from previous quarter:
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand, Chain Volume Measures: Seasonally Adjusted and Trend (file size 35kB).
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand: Original (file size 24kB).