Daily economic round-upBY PETER BELL | MONDAY, 30 OCT 2006 12:22PMOvernight news from the US revealed that the US economy grew by only 1.6 per cent in the September quarter which was down on the June figure of 2.6 per cent and the 5.6 per cent from the March quarter. Residential construction has fallen more than 17 per cent during the third quarter although new home sales increased by 5.3 per cent on the back of the largest discounts in prices for more than three decades. |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
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