December 2024 Quarterly Economic Monitor (QEM) has been updated
There are some early, small, tentative signs of a turnaround according to Infometrics’ latest monitoring of regional economies, but tough conditions remained for many areas and sectors at the end of 2024.
Overview of economic trends
There are some early, small, tentative signs of a turnaround according to Infometrics’ latest monitoring of regional economies, but tough conditions remained for many areas and sectors at the end of 2024.
Provisional estimates from the December 2024 Infometrics Quarterly Economic Monitor point to economic activity being 0.5%pa lower over the 2024 calendar year compared to 2023 – although the quarterly trend does show a slight improvement.