NT continues to rank last in economic growth: CommSec report | NT Independent

NT continues to rank last in economic growth: CommSec report

by | Jan 29, 2024 | Business, News, Subscriber | 0 comments

The NT has once again ranked as the economic laggard among all states in terms of overall economic performance in the CommSec quarterly State of the States report, led by weakening key economic indicators in housing finance, construction and rising unemployment.

The Territory’s economic growth was weaker at -2.2 per cent for the quarter ending September, which is below its four-year middling.

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