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 March quarter 2009, the trend estimate for Victorian final demand, in volume terms, was $66,075 million, a decrease of 0.3% from December quarter 2008. This was below the trend growth for New South Wales (-0.1%) and the same as the growth in Australian domestic final demand over the same period (-0.3%).
Household final consumption expenditure is the largest component of state final demand, and accounted for 57.5% of the trend volume estimate of state final demand in March quarter 2009. The trend volume estimate of household final consumption expenditure increased by 0.4% from December quarter 2008. The other main contributors to trend state final demand in March quarter 2009 were private gross fixed capital formation (22.9%) and government final consumption expenditure (16.5%).
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand, Victoria, Chain Volume Measures: Seasonally Adjusted and Trend (file size 26kB)
View underlying table as an Excel spreadsheet: 1367.2 State Final Demand, Victoria: Original (file size 24kB)