{"id":15466,"date":"2017-06-21T04:06:36","date_gmt":"2017-06-21T08:06:36","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=15466"},"modified":"2017-06-21T04:06:36","modified_gmt":"2017-06-21T08:06:36","slug":"westpac-leading-index-counters-jobs-surge","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2017\/06\/21\/westpac-leading-index-counters-jobs-surge\/","title":{"rendered":"Westpac Leading Index counters jobs surge"},"content":{"rendered":"<p>In stark contrast to the buoyant recent <a href=\"https:\/\/goldstocksforex.com\/2017\/06\/16\/australia-jobs-surge\/\">ABS jobs numbers<\/a>, the Westpac Leading Index slowed:<\/p>\n<p>From Matthew Hassan at Westpac:<\/p>\n<blockquote><p>The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, eased from 1.01% in April to 0.62% in May.<\/p>\n<p>&#8230;..The index is pointing to a clear slowing in momentum. While the growth rate remains comfortably above trend, the pace has eased markedly since the start of the year&#8230;.<\/p><\/blockquote>\n<p>Read more at <a href=\"https:\/\/wibiq.westpac.com.au\/Article\/25608\/7892\/\">Westpac<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In stark contrast to the buoyant recent ABS jobs numbers, the Westpac Leading Index slowed: From Matthew Hassan at Westpac: The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, eased from 1.01% in April &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2017\/06\/21\/westpac-leading-index-counters-jobs-surge\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Westpac Leading Index counters jobs surge&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,46,5],"tags":[3668],"class_list":["post-15466","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-deficit-spending-employment","category-economy","tag-westpac-leading-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westpac Leading Index counters jobs surge - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westpac Leading Index counters jobs surge - the patient investor\" \/>\n<meta property=\"og:description\" content=\"In stark contrast to the buoyant recent ABS jobs numbers, the Westpac Leading Index slowed: From Matthew Hassan at Westpac: The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, eased from 1.01% in April &hellip; Continue reading &quot;Westpac Leading Index counters jobs surge&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2017\/06\/21\/westpac-leading-index-counters-jobs-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-21T08:06:36+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/06\\\/21\\\/westpac-leading-index-counters-jobs-surge\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/06\\\/21\\\/westpac-leading-index-counters-jobs-surge\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Westpac Leading Index counters jobs surge\",\"datePublished\":\"2017-06-21T08:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2017\\\/06\\\/21\\\/westpac-leading-index-counters-jobs-surge\\\/\"},\"wordCount\":96,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"Westpac Leading Index\"],\"articleSection\":[\"Australia &amp; 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Monthly hours worked eased slightly to 1.93 billion hours, from 1.94 billion in August. Annual growth has slowed the past three months, from 5.2% in July to 2.9% in September. Negative growth would warn\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Unemployment Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":61087,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/02\/20\/asx-200-falls-as-outlook-brightens\/","url_meta":{"origin":15466,"position":1},"title":"ASX 200 falls as outlook brightens","author":"Colin Twiggs","date":"February 20, 2025","format":false,"excerpt":"The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index rose to a more than two-year high, indicating a \"gradual recovery rather than a sudden surge,\" according to Matthew Hassan at Westpac. The seasonally adjusted unemployment rate increased to 4.1% in January 2025, but the trend remained at 4.0%.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Westpac-Melbourne Institute Leading Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-20-aus-leading.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-20-aus-leading.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-20-aus-leading.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6232,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/20\/australia-leading-indicator-surprise\/","url_meta":{"origin":15466,"position":2},"title":"Australia: Leading indicator surprise","author":"Colin Twiggs","date":"November 20, 2012","format":false,"excerpt":"The annualised growth rate of the Westpac\u2013Melbourne Institute Leading Index jumped from \u20130.4% in April to 4.1% in September this year -- above its long-term average of 2.8%. According to Westpac, main contributors to the growth improvement were: manufacturing materials prices (1.2 ppt\u2019s); overtime worked (1.0 ppt\u2019s); productivity (1.2 ppt\u2019s);\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63049,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/11\/australia-big-jump-in-consumer-sentiment\/","url_meta":{"origin":15466,"position":3},"title":"Big jump in Australian Consumer Sentiment","author":"Colin Twiggs","date":"November 11, 2025","format":false,"excerpt":"Key Points The Westpac\u2013Melbourne Institute Consumer Sentiment Index jumped to 103.8 in November from 92.1 in October. Improving consumer demand and housing market sentiment lifted the index to its first positive reading since early 2022. NAB business confidence for October remains above its long-term average. The Westpac\u2013Melbourne Institute Consumer Sentiment\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Westpac\u2013Melbourne Institute Consumer Sentiment Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":48436,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/15\/australia-no-sign-of-discretionary-spending-slowing\/","url_meta":{"origin":15466,"position":4},"title":"Australia: No sign of discretionary spending slowing","author":"Colin Twiggs","date":"February 15, 2024","format":false,"excerpt":"No sign yet of a down-turn in specialized retail, a sector that normally leads if there is a down-turn in the economy. At present, furniture retailers, Harvey Norman (HVN) and Nick Scali (NCK); consumer electronics retailer, JB Hi-Fi (JBH); departmental retailer Myer (MYR); and Beacon Lighting (BLX) are all in\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX Leading Indicator","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-14-asx-leading.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-14-asx-leading.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-14-asx-leading.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":59679,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/12\/05\/australia-rba-unlikely-to-play-santa\/","url_meta":{"origin":15466,"position":5},"title":"Australia: RBA unlikely to play Santa","author":"Colin Twiggs","date":"December 5, 2024","format":false,"excerpt":"Despite the chorus of pleas from interest groups, the RBA is unlikely to deliver an early rate cut. Strong government spending prevents the slide into recession and increases upward pressure on prices. The ASX 200 also remains in a strong uptrend. ASX Stocks Australia's ASX 200 is testing resistance at\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-05-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-05-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-05-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=15466"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15466\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=15466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=15466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=15466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}