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8762.0 - Engineering Construction Activity, Australia, Dec 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 01/04/2015   
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DECEMBER KEY FIGURES

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

TREND ESTIMATES(a)

Value of work done
For the private sector
21 470.8
-2.8
-12.1
For the public sector(b)
6 132.9
-2.3
-17.3
Total engineering construction
27 585.1
-2.8
-13.3

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
For the private sector
21 545.6
-1.9
-11.5
For the public sector(b)
6 308.5
4.3
-15.3
Total engineering construction
27 854.1
-0.6
-12.4

(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




DECEMBER KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL
  • The trend estimate for the value of total engineering construction work done fell 2.8% in the December 2014 quarter.
  • The seasonally adjusted estimate for the value of total engineering construction work done fell 0.6% in the December quarter to $27,854.1m.


PRIVATE SECTOR
  • The trend estimate for the value of work done for the private sector fell 2.8% in the December quarter.
  • The seasonally adjusted estimate for the value of work done for the private sector fell 1.9% in the December quarter to $21,545.6m.


PUBLIC SECTOR
  • The trend estimate for the value of work done for the public sector fell 2.3% in the December quarter.
  • The seasonally adjusted estimate for the value of work done for the public sector rose 4.3% in the December quarter to $6,308.5m.


VALUE OF WORK COMMENCED, CURRENT PRICES
  • The value of work commenced in the December quarter was $13,908.5m in original terms, an increase of 3.3% from the September quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2015 1 July 2015
June 2015 30 September 2015



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 25 February 2015.


DATA NOTE

Trend estimates for quarterly work done on Engineering Construction in the Northern Territory have not been released for September and December 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.


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