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STATE FINAL DEMAND, Chain volume measures - Change from previous quarter
In seasonally adjusted chain volume terms, Western Australia's state final demand rose 1.4% ($430 million) to $31,429 million in the March quarter 2008, mainly due to private gross fixed capital formation (up 2.9% or $321 million). Private business investment grew 9.3% ($394 million) for non-dwelling construction and 5.5% ($47 million) for intangible fixed assets. Public gross fixed capital formation also recorded growth (up 11.1% or $137 million), with general government up 12.3% ($85 million) and public corporations up 9.9% ($53 million) in the March quarter 2008. Detracting from growth over this period were falls in final consumption expenditure of households (down 0.3% or $40 million), machinery and equipment (down 1.8% or $56 million), dwellings (down 1.8% or $40 million) and ownership transfer costs (down 4.4% or $24 million).
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