Construction Work Done Falls Again In September

The ABS released their preliminary data today. Tasmania apart, construction chain measures continue to fall. Trend estimate for residential building work done fell 3.0% this quarter and has fallen for four quarters.

  • The trend estimate for total construction work done fell 1.6% in the September quarter 2019.
  • The seasonally adjusted estimate for total construction work done fell 0.4% to $50,849.7m in the September quarter.
  • The trend estimate for total building work done fell 1.8% in the September quarter 2019.
  • The trend estimate for non-residential building work done rose 0.2% and residential building work fell 3.0%.
  • The seasonally adjusted estimate of total building work done fell 0.5% to $29,703.6m in the September quarter.
  • The trend estimate for engineering work done fell 1.1% in the September quarter.
  • The seasonally adjusted estimate for engineering work done fell 0.2% to $21,146.2m in the September quarter.

Trend percentage change: Total construction

Graph: Total Construction

The trend estimate for total construction work done fell 1.6% this quarter and has fallen for five quarters.

Trend percentage change: Engineering

Graph: Engineering

The trend estimate for engineering construction work done fell 1.1% this quarter and has fallen for six quarters.

Trend percentage change: Building

Graph: Building

The trend estimate for total building work done fell 1.8% this quarter and has fallen for four quarters.

Trend percentage change: Residential

Graph: Residential

The trend estimate for residential building work done fell 3.0% this quarter and has fallen for four quarters.

Trend percentage change: Non-residential

Graph: Non - Residential

The trend estimate for non-residential building work done rose 0.2% this quarter and has risen for five quarters.

Chain volume measures – Trend estimates

New South Wales
Victoria


Graph: New South Wales and Victoria

Construction work done in New South Wales has fallen for four quarters.

Construction work done in Victoria has fallen for four quarters.


Queensland
Western Australia


Graph: Queensland and Western Australia

Construction work done in Queensland has fallen for six quarters.

Construction work done in Western Australia has fallen for eight quarters.


South Australia
Northern Territory


Graph: South Australia and Northern Territory

Construction work done in South Australia has fallen for five quarters.

Construction work done in the Northern Territory has fallen for eight quarters.


Tasmania
Australia Capital Territory


Graph: Tasmania and Australian Capital Territory

Construction work done in Tasmania has risen for seven quarters.

Construction work done in the Australian Capital Territory has fallen for four quarters.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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