Australian Bureau of Statistics
1301.0 - Year Book Australia, 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003
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As table 19.17 shows, new capital expenditure by private sector businesses in the manufacturing industry declined (by 13.3%) between 1999-2000 and 2000-01 following an increase of 2.6% between 1998-99 and 1999-2000. Three of the nine manufacturing subdivisions experienced an increase in new capital expenditure in 2000-01. The rises were for Textile, clothing, footwear and leather manufacturing (by 18.9% from a low base), Machinery and equipment manufacturing (by 11.6%), and Non-metallic mineral product manufacturing (by 9.2%). The largest percentage falls were for Wood and paper product manufacturing (by 41.1%), Metal product manufacturing (by 25.8%), and Petroleum, coal, chemical and associated product manufacturing (by 23.4%).
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