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SEASONALLY ADJUSTED ESTIMATES
ABOUT THIS ISSUE
This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 80% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Building Activity, Australia (cat. no. 8752.0) on 19 April 2004 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 16 April 2004.
SIGNIFICANT REVISIONS THIS ISSUE
The seasonally adjusted and trend series have been revised as a result of the annual review of concurrent seasonal factors. See paragraphs 25 to 28 of the Explanatory Notes.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tony Bammann on Adelaide (08) 8237 7316.
CONSTRUCTION WORK DONE, CHAIN VOLUME MEASURES
TREND PERCENTAGE CHANGE
The total value of construction work done has increased for eleven successive quarters. While the rate of growth slowed in the first half of 2003, it has increased over the last two quarters.
Engineering construction work done has increased for eleven successive quarters. However, the rate of growth for the three most recent quarters has slowed when compared to the earlier quarters.
Total building work done has increased for the last two quarters.
Residential building work has increased for the last two quarters, following marginal declines for the two preceding quarters.
Non-residential building work has increased for the last three quarters.
CONSTRUCTION WORK DONE, STATES AND TERRITORIES
New South Wales, Victoria
Since early 2001, construction work done has risen strongly in New South Wales and Victoria, with growth in both the building and engineering sectors.
Queensland, Western Australia
Construction work done has risen strongly in Queensland since early 2001, with growth in recent quarters dominated by building work. In Western Australia, while both sectors were strong in 2002-03, engineering work has levelled off.
Construction work done has risen strongly in South Australia since early 2001. In Tasmania, while engineering work has been flat, building work has been strong over the last year.
Northern Territory, Australian Capital Territory
Growth in the Northern Territory over the last two years has been driven by the engineering sector. Construction work in the Australian Capital Territory is dominated by the building sector which has shown steady growth since early 2001.
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