Susan Stone
@sfstone_trade
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Economist with international experience trying to help South Australians navigate the complexities that drive the modern economy.
Adelaide South Australia
Joined October 2014
Good news! CPI rose only 2.1%, despite energy rebates ending. Services a but higher (3.3%) but coming down. Adelaide continues to see some of the slowest annual growth in prices. @abcadelaide @abcnews @1395FIVEAA @Business_SA @UniversitySA.
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SA job market remains strong as unmet labour demand (i.e. job vacancies) remain highest in the State. While private sector jobs rose, most is coming from Public demand. @FIVEAABreakfast @Business_SA @beer4_beer @abcadelaide
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AUS GDP growth for Mar Q is, as expected just 0.2% but annual growth is better at 1.3%. South Australia leads the nation with strongest growth in final demand at 1.3% for Mar Q. @FIVEAABreakfast @abcadelaide @CreditUnionSA @UniversitySA @Business_SA.
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AUS had 👆 people working in April, 👆 people unemployed but 👆 people in the labour market 🟰 no change in the unemployment rate. SA👇 people working but 👇people in the labour market 🟰no change in the unemployment rate.@CreditUnionSA @Business_SA @FIVEAABreakfast @abcadelaide.
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RT @OECDtrade: By the end of 2023, over 500 new raw material products were added to the list of products with at least one export restricti….
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Whatever the spin, lower tariffs are a big win for American businesses and consumers. While 30% is still high, it’s a level that should still allow some trade.
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@beer4_beer @abcadelaide @FIVEAABreakfast @UniversitySA @CreditUnionSA @Business_SA But not all bad news as both the trimmed rate declines from 3.3% to 2.9% and services inflation decline from 4.3% to 3.7%. But is it enough to convince the RBA to reduce rates next month?.
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Today’s CPI numbers slight increase in the headline rate showing a stickiness that may prove hard to combat, especially in light of global uncertainty. @beer4_beer @abcadelaide @FIVEAABreakfast @UniversitySA @CreditUnionSA @Business_SA.
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RT @ChadBown: Trump's tariffs?. No one was asking for any of this. A recent Gallup poll found that 81% of Americans surveyed believe trade….
economist.com
The trade historian predicts that the damage will be geopolitical as well as economic
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RT @YotovG: 88% of the variance in bilateral trade imbalances is not due to asymmetric trade costs (e.g., tariffs, NTBs, etc.). Thus, it is….
cepr.org
Whether or not large bilateral trade imbalances are a signal of non-reciprocal (or ‘unfair’) trade costs has been the subject of debate for some time, and was brought to the fore during President...
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RT @BaldwinRE: No wonder they kept the calculations under such secrecy. If this had been released in advance, it would’ve attracted boundle….
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Job vacancies remain relatively flat in SA, but still above Pre-COVID levels.
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RT @ChadBown: China’s MOFCOM reportedly delays approval for carmaker BYD to build a plant in Mexico amid concerns that the technology devel….
ft.com
Beijing is concerned proximity to America could lead to sharing of smart car technology developed by Tesla’s main rival
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Not much change in employment numbers. In SA the # people working as a share of those in the workforce 👇but the unempl rate also 👇 - that's because the number of people participating fell.
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Business turnover weak in December -only 0.4% rise. But annual growth remains steady at 3.3%.
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RT @ChadBown: Mexican President Claudia Sheinbaum said Monday morning that her country had reached a series of agreements with Trump and th….
politico.com
The U.S. tariffs on Canada and Mexico are still slated to go into effect on Tuesday, while negotiations with their governments continue.
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RT @ChadBown: Do you like (thinking about) TARIFFS? 🙋🏽♀️. Do you really love working with DATA? 💻. Are CHARTS something near and dear to y….
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Australian Business Turnover is positive but remains very weak. Sharp declines in annual retail (-1.4%) and mining (-10%) while construction (9.4%) and transport/warehousing (8.2%) remain strong.
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Rising Unempl not all good (inflation) news as participation rates rise and underemployment falls with SA seeing the largest drop in those looking for more work.
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Nov SA retail sales remain strong driven by department store and clothing sales (ie Black Friday).
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