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1.Market Observations, 8.Was Sticky

8 June 2017 (AFR) – Struggling household sector weighs on GDP outlook

(8 June 2017, AFR, p1, by Jacob Greber)

AFR interactive graphic‘A struggling household sector – which is garnering the smallest slice of the nation’s economic pie in decades – is casting renewed doubts over official predictions of a near-term rebound from a first-quarter dip in growth. Hampered by a series of headwinds in the opening months of the year, including bad weather that slowed both construction work and export shipments from northern Australia, annual growth faltered to the weakest pace since the 2009 downturn.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

NOTE: The graphic shown at right is a simple snap shot of the very interesting interactive graphic that is available on line at AFR.com.  (The SLIDER across the bottom moves the time scale, and the three selection buttons at the top change the display).

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