Category Archives: National Accounts

Posts in this category focus on National Accounts data publications

Australian national accounts – a fragile state

Yesterday’s Australian Bureau of Statistics – Australian National Accounts – for the March-quarter 2014, shows that real GDP growth was 1.1 per cent, up from 0.8 per cent in the December-quarter 2013. The annualised growth rate of 3.2 per cent … Read the rest of this entry »

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Australian National Accounts – below trend growth continues

Today’s Australian Bureau of Statistics – Australian National Accounts – for the December-quarter 2013, shows that real GDP growth was 0.8 per cent, up from 0.6 per cent in the September-quarter 2013. The annualised growth rate of 2.8 per cent … Read the rest of this entry »

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Australian national accounts – stagnation sets in

Today’s Australian Bureau of Statistics – Australian National Accounts – for the September-quarter 2013, shows that real GDP growth was 0.6 per cent, down from the (revised) 0.7 per cent for the June-quarter. The annualised growth rate of 2.3 per … Read the rest of this entry »

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Australian National Accounts – gloomy but not yet disastrous

Today’s Australian Bureau of Statistics – Australian National Accounts – for the June-quarter 2013, shows that real GDP growth was 0.6 per cent, up slightly from the revised 0.5 per cent for the March-quarter 2013 (previously published at 0.6 per … Read the rest of this entry »

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Australia March quarter National Accounts – looking ugly

Today’s Australian Bureau of Statistics – Australian National Accounts – for the March-quarter 2013, shows that real GDP growth was 0.6 per cent, unchanged from the Dcember-quarter 2012. The annualised growth rate of 2.4 per cent is now well below … Read the rest of this entry »

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Australian national accounts – oh, the irony

The Australian economy grew in trend terms by 1 per cent in the December-quarter 2011, 0.9 per cent in the March-quarter 2012, 0.8 per cent in the June-quarter 2012, 0.7 per cent in the September-quarter 2012, and in today’s Australian … Read the rest of this entry »

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Australia National Accounts – its getting worse

In my assessment of the June-quarter 2012 National Accounts data the title indicated my assessment of where the economy was heading – Australian real GDP growth weakens and there is worse to come. Well, the worse to come came today … Read the rest of this entry »

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Australian real GDP growth weakens and there is worse to come

When the March-quarter National Accounts data came out it showed very strong growth which seemed to run counter to the other indicators that were available at the relevant time. My blog – Australian national accounts – strong growth creates a … Read the rest of this entry »

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A veritable pot pourri of lies, deception and self-serving bluster

Today, I present a series of vignettes that traverse a range of related topics. How Australia’s richest person thinks that billionaires work hard and create jobs and wealth and the poor … well drink and smoke a lot while socialising. … Read the rest of this entry »

Posted in Economics, National Accounts, US economy | 19 Comments

Australian national accounts – strong growth creates a puzzle

The ABS released the – Australian National Accounts – today for the March 2012 quarter and the results have stunned all commentators including yours truly. Last quarter, the real GDP growth rate had slumped to 0.6 per cent (this was … Read the rest of this entry »

Posted in National Accounts | 15 Comments