The ANZ Stateometer is a set of composite indices that measure economic performance across Australia’s states and territories.
The index for each jurisdiction extracts the common trend across 37 economic indicators using principal components analysis. The economic indicators are all monthly data series and cover business and household activity, the labour market, the housing market and trade.
We have shifted the frequency of the ANZ Stateometer to quarterly to extract the meaningful trends that are shaping state and territory economies.
Developments across this diverse country are rarely uniform and we hope these geographically specific indices help you to see through the haze of state by state data and more intuitively piece together the state of the national economy.