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Actual | Forecast | Previous | Revised Form | |
| 46.9 | 36.5 | N/A | |||
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For May
From the Release:
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| 9/4 | 10/6 | 11/6 | 12/4 | 1/7 | 2/5 | 3/5 | 4/6 | 5/7 | 6/4 | ||
| Actual | 43.1 | 31.8 | 36.4 | 32.0 | 30.9 | 34.1 | 30.4 | 36.5 | 46.9 | ||
| Forecast | |||||||||||
| Previous | 41.6 | 43.1 | 31.8 | 36.4 | 32.0 | 30.9 | 34.1 | 29.5 | 30.4 | 36.5 | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| -3.7% | -3.0% | 2.3% | 1.7% | ||
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For 1st Quarter
Provided by: Australian Bureau of Statistics |
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| 8/29 | 11/28 | 2/27 | 11/27 | 2/26 | 5/27 | 8/26 | 11/25 | 2/24 | 5/26 | ||
| Actual | 3.60% | -2.10% | 4.30% | 2.8% | -1.0% | 2.3% | -2.6% | 4.4% | 1.7% | -3.7% | |
| Forecast | 1.20% | 2.00% | 1.50% | 1.6% | 2.0% | 2.3% | 1.5% | 1.5% | -1.5% | -3.0% | |
| Previous | 0.20% | 3.60% | -2.10% | -1.9% | 2.2% | -0.8% | 5.0% | -2.6% | 5.5% | 2.3% | |
| Revised From | N/A | N/A | N/A | N/A | 2.8% | -1.0% | 2.3% | N/A | 4.4% | 1.7% | |
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Actual | Forecast | Previous | Revised Form | |
| 36.5 | 30.4 | N/A | |||
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For April
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Actual | Forecast | Previous | Revised Form | |
| 30.4 | 29.5 | N/A | |||
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For March
From the Release: "The national construction industry continued to decline in March, reflecting widespread reports of weak market demand and a lack of new project work. The Australian Industry Group - Housing Industry Association Australian Performance of Construction Index (Australian PCI®) stood at 30.4 in March, up by 0.9 points but remaining below the key 50 - points level separating expansion from contraction.
Australian Industry Group (Ai Group) Associate Director, Economics and Research, Tony Pensabene, said: "The March Australian PCI®
results show more evidence of a struggling construction industry as low
market demand and tight credit conditions lead to on-going falls in
activity.
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Actual | Forecast | Previous | Revised Form | |
| 34.1 | N/A | ||||
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For February
Australia’s construction industry contracted further in February on weak market demand and declining confidence, with the AiG performance of construction index plunging to 29.5 from January’s 34.1, the Australian Industry Group reported. |
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Actual | Forecast | Previous | Revised Form | |
| 1.7% | -1.5% | 5.5% | 4.4% | ||
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For 4th Quarter
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Actual | Forecast | Previous | Revised Form | |
| 34.1 | 30.9 | N/A | |||
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For January
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Actual | Forecast | Previous | Revised Form | |
| 30.9 | 32.0 | N/A | |||
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For December
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Actual | Forecast | Previous | Revised Form | |
| 32.0 | 36.4 | N/A | |||
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For November
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Actual | Forecast | Previous | Revised Form | |
| 4.4% | 1.5% | -2.6% | N/A | ||
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For 3rd Quarter
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Actual | Forecast | Previous | Revised Form | |
| 36.4 | 31.8 | N/A | |||
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For Oct. Provided by: Australian Industry Group Construction eased for the 8th straight month in Australia although at a slower pace than in September. A construction PMI measured by the Australian Industry Group and Housing Industry Association read 36.4 for October, edging up from the previous month's 31.8. Tight credit conditions are chocking off funding, while weak economic sentiment pulls down demand. Commercial building activity improved slightly, while housing dropped significantly. |
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Actual | Forecast | Previous | Revised Form | |
| 31.8 | 43.1 | N/A | |||
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For September
Provided by: Australian Industry Group Previous Release: PDF |
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Actual | Forecast | Previous | Revised Form | |
| 43.1 | 41.6 | N/A | |||
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For August
From the Release:
■ "The national construction industry continued to decline in August 2008, although the rate of contraction moderated for a third consecutive month.
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Actual | Forecast | Previous | Revised Form | |
| -2.6% | 1.5% | 5.0% | 2.3% | ||
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For 2nd Quarter
Construction work done fell in the second quarter to a total value of AU$30.137B from an upwardly revised AU$30.967B, a decline of 2.6%. This headline change is exagerrated because 1st quarter figures were revised up twice as much as first estimated. Still, the numbers were below forecasts of a 1.5% gain. This indicator has been cyclical from quarter to quarter since Q3 2007, going up one quarter only to be followed with a decline. The trend estimate rose 0.7% in the June quarter.Residential building work rose 0.1%, while non-residential fell 0.6%, and the trend estimate for building work done fell 0.2%. the only other component, engingeering work, rose 1.7%, while the seasonally adjusted estimate fell 6.0%. Australia's housing market has seen some deceleration of growth, but basically avoided the arms of the US subprime meltdown. House prices have been maintained, although home loans are harder to come by because of credit conditions and high borrowing cost. There is somewhat of a contraction in the housing market, but it is not alarming. |
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Actual | Forecast | Previous | Revised Form | |
| 2.3% | 2.3% | -0.8% | -1.0% | ||
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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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Actual | Forecast | Previous | Revised Form | |
| -1.0% | 2.0% | 2.2% | 2.8% | ||
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For 4th Quarter
Consturction spending turned negative in the 4th quarter. |
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Actual | Forecast | Previous | Revised Form | |
| 2.8% | 1.6% | -1.9% | N/A | ||
| For 3rd Quarter. | |||||
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Actual | Forecast | Previous | Revised Form | |
| 4.30% | 1.50% | -2.10% | N/A |
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Actual | Forecast | Previous | Revised Form | |
| -2.10% | 2.00% | 3.60% | N/A |
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Actual | Forecast | Previous | Revised Form | |
| 3.60% | 1.20% | 0.20% | N/A |
