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The Canberra Times
The Canberra Times
Natalie Vikhrov

ACT economy ranked second worst in the country

The ACT has emerged as the second-worst overall performing economy in the country for the second quarter in a row this year, coming only ahead of the Northern Territory, in the latest CommSec State of the States report.

Despite the low ranking on the national leaderboard, report author and CommSec chief economist Craig James said the territory's economy was in "pretty good shape", with the ACT leading the nation on retail spending.

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