Kohler’s Charts – National Accounts Week

By Alan Kohler | More Articles by Alan Kohler

It’s National Accounts week, and so far the signs are that GDP for the third quarter will be weak – not minus, but not much either.

Last week saw a decline in capital expenditure for the quarter of 4% (13.7% for the year) and if that’s combined with weak retail sales and net exports, it looks like Wednesday’s GDP growth number will be no much above zero – maybe 0.1-0.2%.

Here’s a chart of GDP up to now – that rise in the annual rate of growth over the past year is about the head south again.

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About Alan Kohler

As well as being the founder of The Constant Investor, Alan is currently business editor at large of The Australian, finance presenter on ABC news, presenter of the Talking Business channel on Qantas inflight radio and adjunct professor in the business faculty of Victoria University.

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