Macarthur Economic Profile - June 2006
Recently released MACROC publication - Macarthur Economic Profile June 2006 - shows a deterioration in Macarthur’s unemployment rate in the March 2006 quarter. Offsetting this was a rebound in building approvals.
The unemployment rate in the March 2006 quarter rose to 5.9%, 0.3 percentage points higher than in the previous quarter. The number unemployed in the Macarthur region in the March quarter 2006 was 7,473 persons
Although building approvals for new houses remain soft, there was a considerable increase of 376.9% in the March 2006 quarter of the number of approvals for other dwellings (flats and units).
Median house prices in Macarthur in the December quarter 2005 continued to reflect the prevailing weak conditions in the property market through out the State.
The median house prices in the Macarthur region in the December quarter 2005 were well below the Sydney region ($478,000).
The profile is available for download below:
File: Macarthur Economic Profile - June 2006
Note: If you are on a slow connection or would like to download the profile for offline viewing, "right click" your mouse button and select "Save target as". This will allow to to choose a location on your computer for the download.
All MACROC Quarterly Economic Profiles require Adobe Acrobate Reader version 5 or greater. Adobe Acrobat Reader is a free product from Adobe Systems Inc. and can be downloaded here.