STATE FINAL DEMAND
The incorporation of more up-to-date source data and changes to seasonal adjustment factors have resulted in revisions to the previously published estimates. For details see Australian National Accounts: National Income, Expenditure and Product, Jun 2010 (cat. no. 5206.0).
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 2010, the trend estimate for Victorian final demand, in volume terms, was $77,638 million, an increase of 0.6% from June quarter 2010. This was below the trend growth for Australian domestic final demand (0.7%) and New South Wales final demand (0.8%) over the same period.
Household final consumption expenditure is the largest component of state final demand, and accounted for 56.5% of the trend volume estimate in September quarter 2010. The trend volume estimate of household final consumption expenditure increased by 1.3% from the previous quarter. The other main contributors to trend state final demand in September quarter 2010 were private gross fixed capital formation (21.7%) and government final consumption expenditure (16.2%).
View underlying data as an Excel spreadsheet: Download State final demand, Victoria, Chain volume measures: Seasonally adjusted and trend and State final demand, Victoria, Original from the Downloads Page.
State final demand,
Chain volume measures:
Change from previous quarter