Crop Yields and Exports

cent: The team says international exports were a bright light in 2016 as they rose by 11 per cent compared to 6.7 per cent nationally, according to Nine News Australia. And while the exports tapered off through the middle of the year they could grow again over the summer because of impressive agricultural crop yields. University of Adelaide economists have released their final SA-focused Economic Briefing Report for 2016, which predicts long-term unemployment and underemployment will hit record levels in 2017. SA Centre for Economic Studies Director Michael O'Neil says household and government spending experienced solid growth, with the gross state product - the total market value of goods and services - rising by 1.9 per cent. Given the rather slow economic conditions we're seeing internationally and nationally, it's not surprising that the South Australian economy has continued to post fairly subdued growth rates, Professor O'Neil said. But business investment fell, as a result of sharp drops in mining and manufacturing, less construction work on the Royal Adelaide Hospital and a broader national trend. (news.financializer.com). As reported in the news.