AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
WEAKER DEMAND CAUSES SLOWDOWN IN AUSTRALIAN 1Q GROWTH.
SYDNEY, May 3 Asia Pulse - A mild slowdown occurred in Australia's economic growth during the March quarter, according to new economic data.
Weaker domestic demand offset by a further improvement in net exports were mainf actors.
The AAP economic indicator for May shows gross domestic product (GDP) is expected to have grown by 1.0 per cent in the March quarter, seasonally adjusted, for an annual rate of 4.0 per cent.
In the December quarter GDP grew by 1.4 per cent, adjusted.
The Australian Bureau of Statistics will publish March quarter GDP data on June 2.
Economists said the moderation in final domestic demand in the first quarter would have been partly driven by reduced growth in dwelling investments, while net exports would have built on their strong growth of the December quarter.
"Domestic demand should be starting to come off, so even though housing and spending are still going to be reasonably OK, it's going to be (growth in) dwelling investments that will be down a bit," JP Morgan senior economist Stephen Walters said.
- AUSTRALIAN ECONOMY GREW 0.7 PCT IN THE MARCH QUARTER.
- News wire article from: AsiaPulse News April 7, 2003 700+ words
...slightly during the March quarter at 0.7 per cent. According to the AAP economic indicator for April...7 per cent in the March quarter, seasonally adjusted...quarter, adjusted. The March quarter data will be published...
- Cambridge Solutions March quarter net loss at Rs 64.72 cr.
- News wire article from: PTI - The Press Trust of India Ltd. April 28, 2009 700+ words
Cambridge Solutions March quarter net loss at Rs 64.72 cr Mumbai...profit of Rs 13.28 crore in the March quarter of FY'08, Transformers &...profit of Rs 3.19 crore in the March quarter of FY'08, Shyam Telecom said...
- (ED) ABS reports March quarter producer prices unchanged.
- News wire article from: Asia Africa Intelligence Wire April 26, 2005 700+ words
...wholesale inflation is unchanged for the March quarter. The PPI in the previous period was...Stage 3 index recorded no change in the March quarter 2005. The domestic component rose...2 index fell 0.5 per cent in the March quarter 2005. The domestic component fell...
- ELECTRICITY GENERATION FOR MARCH QUARTER UP: STATISTICS NZ.
- News wire article from: Asia Africa Intelligence Wire June 5, 2003 700+ words
...cranked out more electricity in the March quarter than in the same period in previous...1.7 percent up on the previous March quarter. This was ``the highest level recorded for a March quarter'', Statistics NZ said. However...
- Rambus Reports March Quarter Earnings; Earnings Per Share of 5 Cents.
- Press release article from: Business Wire April 14, 2003 700+ words
...2003. Earnings per share for the March quarter were 5 cents, compared to 7 cents...previous quarter. Net income for the March quarter was $5.1 million (18% of revenues...said Geoff Tate, CEO of Rambus Inc. March quarter results reflect $3.3 million in...
- Consolidated Graphics Reports Fourth Quarter and Year-End Results; - Reports...
- Press release article from: PR Newswire April 28, 2004 700+ words
...ended March 31, 2004. Sales for the March quarter were $183.4 million, compared to...million a year ago. Net income for the March quarter was $6.2 million, or $.44 per...Company reported a net loss in the March quarter of $29.1 million, or $2.13 per...
- Kennametal Revises March Quarter Earnings Guidance; Implementing Further Cost...
- Press release article from: PR Newswire April 15, 2009 700+ words
...activities - Organic sales decline for March quarter of 32% - Expects EPS for March quarter of approximately $0.01, excluding charges...announced revised earnings guidance for the March quarter due to a steeper than expected downturn...
- March quarter GDP rises 0.9%, adjusted.
- News wire article from: Bulletin Wire June 7, 2006 700+ words
...seasonally adjusted 0.9 per cent in the March quarter, the Australian Bureau of Statistics...for a rise of 0.7 per cent in the March quarter for an annual rate of 2.7 per cent...December quarter and 104.2 in the March quarter a year ago. The seasonally adjusted...
- Robertson Stephens Issues Report on eBrokerage Industry; Analyst Raises...
- Press release article from: Business Wire March 17, 2000 700+ words
...sequential transaction growth estimates for the March quarter. "NASDAQ volume the March quarter is tracking as the strongest ever, with...eBrokerage sequential transaction growth for the March quarter to 35 to 40 percent, from 25 to 30 percent...
- AUSTRALIA'S MARCH QUARTER HOUSING STARTS DOWN BUT LOOKING BRIGHTER.
- News wire article from: AsiaPulse News June 17, 2009 700+ words
...commenced fell 4.0 per cent in the March quarter, seasonally adjusted, the Australian...December quarter and 3.6 per cent in the March quarter. Those changes were in close parallel...12.4 per cent higher than in the March quarter on average. Housing finance figure...
Source: HighBeam Research, WEAKER DEMAND CAUSES SLOWDOWN IN AUSTRALIAN 1Q GROWTH.