8762.0 - Engineering Construction Activity, Australia, Jun 2016 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/09/2016
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JUNE KEY POINTS
VALUE OF WORK DONE, CHAIN VOLUME MEASURES
VALUE OF WORK COMMENCED, CURRENT PRICES
ABOUT THIS ISSUE
This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 24 August 2016.
This release includes revisions to Engineering Construction data back to March 2016.
Several time series spreadsheets for recent quarters contain 'np' (not available for publication) annotations. This is due to confidential data being contained in these series.
Chain volume estimates of Engineering Construction work done in the ACT have not been released for September 2015 through to June 2016. The ABS produces chain volume estimates to best represent changes in the volume of activity, excluding the impact of price changes; however, the volatility of the current price series for Engineering Construction work done in the ACT prevent the reliable estimation of chain volume measures. For more information on chain volume measures, see paragraphs 25 to 29 of the explanatory notes.
Trend estimates should be used with caution due to the volatility caused by large engineering projects. For more details on trend estimates, please see paragraphs 22 to 24 of the explanatory notes.
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