8755.0 - Construction Work Done, Australia, Preliminary, Mar 2001
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/05/2001
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Construction - First Signs Of A Recovery
The value of construction work done in Australia increased 1.7% to $11.3 billion in seasonally adjusted chain volume terms during the March quarter 2001, according to preliminary figures released today by the Australian Bureau of Statistics (ABS).
The rise in the March quarter estimates is the first since the introduction of The New Tax System, following falls of 18.5% and 9.9% in the September and December quarters of 2000.
Activity was stronger in the building sector (up 2.6% to $7.2 billion) with increases in both residential building (up 2.2% to $4.3 billion) and non-residential building (up 3.1% to $2.9 billion). A lower level of growth was evident in engineering construction (up a marginal 0.4% to $4.1 billion).
These results can be found in the March quarter 2001 issue of Construction Work Done, Australia, Preliminary (cat. no. 8755.0 - previously known as Building Work Done) - available from ABS Bookshops. The latest issue is the first to include preliminary estimates of engineering construction activity and a measure of the total work done by the construction industry. As such the publication provides an insight into the construction industry as a whole and should assist economic commentators in understanding aspects of the market that feed into key national account measures.
The main features of the publication are available on this site. If you wish to purchase a copy of this publication, contact the ABS Bookshop in your capital city.
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