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Data Wrap - Employment falls sharply in response to COVID-19
The Australian Bureau of Statistics job numbers for April show that employment activity contracted sharply across Australia in response to social distancing and other shutdown measures that were introduced to slow the spread of COVID-19.
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Data Wrap - SA labour market weak prior to COVID-19 impact, consumer confidence plunges
Today’s labour force survey figures showed little impact from COVID-19 restrictions. Among the other topics we explore in today’s expansive Data Wrap include consumer confidence, home lending activity, merchandise exports, retail sales, and employment within the renewable energy sector.
Data Wrap - national business confidence falls to record low
In today’s Data Wrap we review the latest ABS survey on the business impacts of COVID-19, and consider other leading indicators of economic activity which provide insight into the national economic impact of coronavirus, including the NAB’s latest business surveys and the Australian Performance of Manufacturing Index.
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Data Wrap - labour market conditions relatively stable prior to coronavirus impact
In today's edition of the Data Wrap, we review the latest labour market and population growth data for South Australia and consider recent national data on consumer confidence and retail sales which provide insight into the emerging impact of coronavirus on economic activity.
Data Wrap - GDP beats expectations, but conditions in South Australia remain weak
In this edition of the Data Wrap we review today's Gross Domestic Product figures. We also recap the latest outcomes for South Australia in respect of building approvals, resources exploration activity, and price inflation faced by the local government sector.
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Bushfires and weather hurt SA tourism activity, while coronavirus dampens the outlook
Eighty per cent of South Australian tourism businesses were impacted by the recent summer bushfires, with a slight majority (51 per cent) reporting they have been impacted to a moderate or significant extent, the December 2019 quarter edition of the SA Tourism Barometer report shows.
Data Wrap - labour conditions still weak despite fall in unemployment
In this edition of the SA Data Wrap: a fall in unemployment hides ongoing labour market weakness; still no improvement in wage growth; and overseas arrivals data indicates inbound tourism held up well in December prior to the expected impact of bushfires.
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Data Wrap - some positive signs for new housing activity, but retail sales disappoint
In today’s Data Wrap we review several indicators that are relevant to the building sector, including lending activity, building approvals and office vacancy rates, and consider the latest retail sales data.
Data Wrap - unemployment steady at end of 2019, but employment falls
In the first Data Wrap of 2020, we review today’s labour force figures, and briefly recap other key statistical releases from recent weeks which provide insight into various aspects of South Australia’s recent economic performance.
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Slower economic growth predicted for 2019/20 and further interest rate cuts will not help
South Australian economic growth will be much slower in 2019/20 as a consequence of the slowdown in the national economy becoming entrenched and the global economy losing further momentum, according to the latest Economic Briefing Report from SACES.
