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Main Indicator: Construction PMI
Most Recent Release
|
Actual | Forecast | Previous | Revised Form | |
| 40.3 | 36.9 | N/A |
Table of Past Data
| 5/6 | 11/7 | 12/6 | 1/7 | 2/6 | 3/6 | 4/6 | 5/6 | 6/5 | 7/6 | ||
| Actual | 47.9 | 57.4 | 53.2 | 59.2 | 58.3 | 53.9 | 48.4 | 42.6 | 36.9 | 40.3 | |
| Forecast | |||||||||||
| Previous | 51.1 | 55.2 | 57.4 | 53.2 | 59.2 | 58.3 | 53.9 | 47.7 | 42.6 | 36.9 | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
Secondary Indicator: Construction Work Done q/q
Most Recent Release
|
Actual | Forecast | Previous | Revised Form | |
| 2.3% | 2.3% | -0.8% | -1.0% | ||
|
For 1st Quarter
Construction activity in Australia rebounded in the March quarter, indicating steady growth in the sector, particularly engineering. The 2.3% rise helped offset the revised 0.8% decline for the December quarter.The number means that construction should be a positive for GDP figures set to come out next Wednesday. As some sectors of the economy lose steam, it seems that construction work which totaled A$16.45 billion, seasonally adjusted, is one sector that continues to grow. |
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Table of Past Data
| 8/29 | 11/28 | 2/27 | 11/27 | 2/26 | 5/27 | ||||||
| Actual | 3.60% | -2.10% | 4.30% | 2.8% | -1.0% | 2.3% | |||||
| Forecast | 1.20% | 2.00% | 1.50% | 1.6% | 2.0% | 2.3% | |||||
| Previous | 0.20% | 3.60% | -2.10% | -1.9% | 2.2% | -0.8% | |||||
| Revised From | N/A | N/A | N/A | N/A | 2.8% | -1.0% | |||||
Past Releases
Construction PMI
|
Actual | Forecast | Previous | Revised Form | |
| 36.9 | 42.6 | N/A | |||
|
For May
Provided by: Australian Industry Group April's Release: PDF |
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|
Actual | Forecast | Previous | Revised Form | |
| 42.6 | 47.7 | N/A | |||
|
For April
From the Release:
|
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|
Actual | Forecast | Previous | Revised Form | |
| 48.4 | 53.9 | N/A | |||
|
For March
Construction PMI slowed to 48.4 in March declining below the 50 contraction-expansion level. |
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|
Actual | Forecast | Previous | Revised Form | |
| 53.9 | 58.3 | N/A | |||
|
For February
Provided by: Australian Industry Group |
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|
Actual | Forecast | Previous | Revised Form | |
| -1.0% | 2.0% | 2.2% | 2.8% | ||
|
For 4th Quarter
Consturction spending turned negative in the 4th quarter. |
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|
Actual | Forecast | Previous | Revised Form | |
| 58.3 | 59.2 | N/A | |||
|
For January
Release from Australian Industry Group Performance of Construction Index |
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|
Actual | Forecast | Previous | Revised Form | |
| 59.2 | 53.2 | N/A | |||
|
For December. Release from Australian Industry Group Performance of Construction Index Construction expanded for the fourth straight month as engineering activity grew to a 17-month high. Supplier deliveries and employment grew, as well as new orders. Construction costs also rose due to increasing demand pressures. Commercial construction posted further expansion, but apartment building activity posted contraction. |
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|
Actual | Forecast | Previous | Revised Form | |
| 53.2 | 57.4 | N/A | |||
|
For November. Australian Industry Group Performance of Construction Index |
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|
Actual | Forecast | Previous | Revised Form | |
| 2.8% | 1.6% | -1.9% | N/A | ||
| For 3rd Quarter. | |||||
|
Actual | Forecast | Previous | Revised Form | |
| 57.4 | 55.2 | N/A | |||
|
For October. Australian Industry Group Performance of Construction Index Heather Ridout, Chief Executive of the industry organization, noted that although the construction data suggests improvement in the housing sector, low housing affordability and the upward bias on interest rates are a concern to sustaining these gains. |
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|
Actual | Forecast | Previous | Revised Form | |
| 47.9 | 51.1 | N/A |
|
Actual | Forecast | Previous | Revised Form | |
| 4.30% | 1.50% | -2.10% | N/A |
|
Actual | Forecast | Previous | Revised Form | |
| -2.10% | 2.00% | 3.60% | N/A |
|
Actual | Forecast | Previous | Revised Form | |
| 3.60% | 1.20% | 0.20% | N/A |