october 2003 territory economic review www nt gov au ntt if you would like to receive email notification when each release is posted on the internet please economicservices or call 08 8999 6801 overview consensus medium term growth outlook northern treasury access economics and bis shrapnel have recently released forecasts for economy consistent picture that s very positive with forecasting gross state product gsp average 4 5 per cent annum 3 9 respectively in five years 2007 this considerably stronger than forecast national will be driven by investment major projects leading solid export as production from these resource commences strengthening employment prospects also act support population another cycle of private public infrastructure some short variation weaken slightly 04 compared 0 8 2 7 percent
