State of the States
The July 2014 quarter State & Territory economic performance report published by CommSec was recently issued with some interesting statistics. Analysis took into account 8 key indicators including: economic growth, retail spending, equipment investment; unemployment; construction work undertaken, population growth, housing finance and dwelling commencements.
Western Australia remains best performing economy closely followed by the Northern Territories and NSW. Next is Queensland, Victoria and the ACT. The final grouping is South Australia and Tasmania. Western Australia leads the way on retail trade and housing finance, Northern Territories on economic growth, business investment and construction work. NSW is the strongest on population growth and dwelling starts.
Source: CommSec State of the States July 2014