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8762.0 - Engineering Construction Activity, Australia, Dec 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 19/04/2005   
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DECEMBER KEY FIGURES

Dec qtr 04
Sep qtr 04 to Dec qtr 04
Dec qtr 03 to Dec qtr 04
$m
% change
% change

TREND ESTIMATES VOLUME TERMS(a)

Value of work done
For the private sector
3,878.4
0.7
0.7
For the public sector(b)
3,068.6
0.1
12.2
Total engineering construction
6,957.6
0.6
5.6

SEASONALLY ADJUSTED VOLUME TERMS(a)

Value of work done
For the private sector
3,966.2
5.3
1.3
For the public sector(b)
2,961.6
-7.8
8.7
Total engineering construction
6,927.8
-0.7
4.3

(a) Chain volume measures, reference year 2002-03.
(b) Includes work done by the private sector for the public sector and work done by the public sector.

Value of work done, Total engineering - Volume terms
Graph: Value of work done Total Engineering Volume terms

Value of work done, Volume terms - Trend estimates
Graph: Value of work done Volume terms Trend estimates



DECEMBER KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

Trend estimates

  • The trend estimate for the value of total engineering construction work done rose 0.6% in the December 2004 quarter. This is the fifteenth consecutive quarterly rise.
  • The trend estimate for the value of work done for the private sector rose 0.7% in the December 2004 quarter. Work done for the public sector rose 0.1% in the December quarter.

Seasonally adjusted estimates
  • The seasonally adjusted estimate for the value of total engineering construction work done in the December 2004 quarter fell 0.7%, to $6,927.8m after four quarters of growth.
  • The seasonally adjusted estimate for the value of work done for the private sector rose 5.3%, to $3,966.2m, in the December 2004 quarter after two consecutive quarters of decline. The value of work done for the public sector fell 7.8% to $2,961.6m.

Original estimates
  • The value of work done in the December 2004 quarter rose 4.2%, to $7,112.8m. This is the second highest level reported after the record high of $7,217.8m in June 2004.
  • The value of work done for the private sector rose 5.9%, to $4,126.5m in the December quarter 2004. Work done for the public sector rose 2.0%, to $2,986.3m, following a 12.9% fall in the September 2004 quarter.


NOTES


CHANGES IN THIS ISSUE

There are no changes in this issue.



SIGNIFICANT REVISIONS THIS QUARTER

Compared with the current price original terms estimates published in the previous issue of this publication:

  • The June quarter estimates have been revised downwards by $4.8m for work commenced, $7.4m for work done and have been revised upwards by $1.1m for work yet to be done.
  • The September quarter estimates have been revised upwards by $66.6m for work commenced, $23.2m for work done and $2.8m for work yet to be done.


DATA NOTES

There are no notes about the data.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Stidston on Adelaide (08) 8237 7668.



SUMMARY COMMENTARY


VALUE OF WORK DONE, STATES AND TERRITORIES


CHAIN VOLUME MEASURES - TREND ESTIMATES

NEW SOUTH WALES

Graph: New South Wales, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done has grown for ten consecutive quarters, with the rate of growth slowing in recent quarters.


VICTORIA

Graph: Victoria, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done declined in the past two quarters after a period of growth since the September quarter 2001.


QUEENSLAND

Graph: Queensland, value of work done, trend estimates, chain volume measures



After being in decline in the June and September quarters 2003, the trend estimate has shown growth over the past four quarters.


SOUTH AUSTRALIA

Graph: South Australia, value of work done, trend estimates, chain volume measures



The trend estimate for work done increased marginally in the September 2004 quarter following four quarters of decline.


WESTERN AUSTRALIA

Graph: Western Australia, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done has shown an increase for the last three quarters following a period of decline in late 2003.


TASMANIA

Graph: Tasmania, value of work done, trend estimates, chain volume measures



The trend estimate for work done has shown an upward movement since December 2001.


NORTHERN TERRITORY

Graph: Northern Territory, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done has moved into decline after a period of growth since the September quarter 2001.


AUSTRALIAN CAPITAL TERRITORY

Graph: Australian Capital Territory, value of work done, trend estimates, chain volume measures



After three months of decline, the trend estimate for work done has increased for the past two quarters.

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