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8762.0 - Engineering Construction Activity, Australia, Sep 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 14/01/2015   
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SEPTEMBER KEY FIGURES

Sep Qtr 14
Jun Qtr 14 to Sep Qtr 14
Sep Qtr 13 to Sep Qtr 14
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
For the private sector
22 362.1
-2.6
-8.1
For the public sector(b)
6 217.3
-5.6
-19.6
Total engineering construction
28 548.7
-3.4
-11.0

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
For the private sector
22 275.3
-2.7
-11.2
For the public sector(b)
6 118.7
-7.3
-19.9
Total engineering construction
28 394.0
-3.7
-13.3

(a) Chain volume measures, reference year 2012-13.
(b) Includes work done by the private sector for the public sector and work done by the public sector.

Value of work done, Chain volume measures
Graph: Value of work done, Chain volume measures

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




SEPTEMBER KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL
  • The trend estimate for the value of total engineering construction work done fell 3.4% in the September 2014 quarter.
  • The seasonally adjusted estimate for the value of total engineering construction work done fell 3.7% in the September quarter to $28,394.0m.


PRIVATE SECTOR
  • The trend estimate for the value of work done for the private sector fell 2.6% in the September quarter.
  • The seasonally adjusted estimate for the value of work done for the private sector fell 2.7% in the September quarter to $22,275.3m.


PUBLIC SECTOR
  • The trend estimate for the value of work done for the public sector fell 5.6% in the September quarter.
  • The seasonally adjusted estimate for the value of work done for the public sector fell 7.3% in the September quarter to $6,118.7m.


VALUE OF WORK COMMENCED, CURRENT PRICES
  • The value of work commenced in the September quarter was $13,604.6m in original terms, a decrease of 17.3% from the June quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2014 1 April 2015
March 2015 1 July 2015



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 26 November 2014.


CHANGES THIS ISSUE

A new base year, 2012-2013, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume measures have been re-referenced to 2012-2013, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels, but not the movements in, chain volume estimates.


DATA NOTE

Trend estimates for quarterly work done on Engineering Construction in the Northern Territory have not been released for September 2014. The ABS produces trend estimates to best represent the underlying behaviour of the series but the very large movements evident in the original and seasonally adjusted data between June and September prevent the reliable estimation of this behaviour. The ABS will review these trend estimates over the next few quarters with a view to re-establishing the series. The reliability of original and seasonally adjusted estimates are not affected.

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.

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.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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