QTPA Member Alert |ABS Construction Work Done, Australia, Preliminary, Mar 2014

ABS Construction Work Done, Australia, Preliminary, Mar 2014

MARCH 2014 KEY FIGURES

	Mar qtr 14 $m	Dec qtr 13 to Mar qtr 14 % change	Mar qtr 13 to Mar qtr 14 % change
TREND ESTIMATES (a)
Value of work done
Building	21 587.4	1.4	4.6
Residential	12 781.1	2.4	5.0
Non-residential	8 802.9	–	3.0
Engineering	32 192.9	-0.5	0.1
Total construction	53 781.3	0.2	1.9
SEASONALLY ADJUSTED ESTIMATES (a)
Value of work done
Building	21 766.9	3.3	6.2
Residential	13 054.9	6.8	8.4
Non-residential	8 712.1	-1.5	3.1
Engineering	31 854.2	-1.6	0.2
Total construction	53 621.1	0.3	2.6

-nil or rounded to zero (including null cells)

(a) reference year for Chain Volume Measures is 2011-12

MARCH 2014 KEY POINTS

VALUE OF WORK DONE:
TOTAL CONSTRUCTION

The trend estimate for total construction work done rose 0.2% in the March quarter 2014.
The seasonally adjusted estimate for total construction work done rose 0.3% to $53,621.1m in the March quarter.

BUILDING WORK DONE

The trend estimate for total building work done rose 1.4% in the March quarter.
The trend estimate for non-residential building work done remained unchanged in the March quarter while residential building work rose 2.4%.
The seasonally adjusted estimate of total building work done rose 3.3% to $21,766.9m in the March quarter.

ENGINEERING WORK DONE

The trend estimate for engineering work done fell 0.5% in the March quarter.
The seasonally adjusted estimate for engineering work done fell 1.6% to $31,854.2m in the March quarter.