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The Master Builders of Queensland Survey of Industry Conditions for June 2014 has been released, and it continues a trend of being rather more optimistic than either general current conditions or their own respondents recent results would appear to justify. Both Queensland Economy Watch and Loose Change have covered the …read more
An interesting report from the Dept of Infrastructure and Regional Development provides data for the year to June 2014 on the performance of our local airlines and airports. Included in the report are details of which airline had the best on-time performance for departures (Qantas and Regional Express) and arrivals …read more
The ABS release of regional labour market data has shown the Cairns region performed remarkably well in July despite the national and state weakness that we saw last week (see here for our comments at the time). The headline, unadjusted data might appear unbelievably good but when we see through that and …read more
Yesterday saw plenty of commentary about the poor jobs numbers (see our own piece here). In particular we, and others, highlighted the weakness in the QLD data (see here). Predictably today has seen something of a rush to defend the record from the State Government. This article sums up the …read more
This morning’s labour force data was a shocker for QLD, particularly when we consider the situation for full-time jobs. The chart below makes it clear that, as far as full-time jobs are concerned, the Blues not only won Origin but are thrashing the Maroons here too. QLD is the only …read more
Today’s labour force data from the ABS for July is a shocker. Jobs, which had been expected to rise by about 12,000, actually fell 300 (and June’s increase was revised lower to +14.9). The headline seasonally adjusted unemployment rate jumped to 6.4% (from 6.0% in June); the increase slightly mitigated …read more
Todays’ release of the June Retail Trade data shows turnover at current prices up 0.6% (seasonally adjusted) for the month. While this is stronger than expected it is hard to get away from the reality that retail sales are extremely sluggish when we consider that, when adjusted for inflation, turnover in …read more
Today’s release of ABS Building Approvals data for June showed a surprise decline of 5% (seasonally adjusted) for a 16% increase over the year. Both houses and unit approvals fell. The less volatile Trend series showed a monthly fall of 1.1% for a year on year gain of 7.9%. Despite …read more
Following on from our post the other day, Gene Tunny over at Queensland Economy Watch has used our Conus Trend data to compare jobs growth in SEQ (Brisbane plus the Gold and Sunshine Coasts) with the Rest of QLD. What he finds clearly shows the sharp disparity between what has been …read more
Our new Conus Trend employment data for all the QLD regions (available here) allows us to look in more detail at how jobs growth has been split between Greater Brisbane and the Rest of QLD. In the chart below we have taken the 12 month moving average of our own …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series