QTPA Member Alert | ABS Engineering Construction Activity, Australia, June 2012 (3/10/2012)
ABS Engineering Construction Activity, Australia, June 2012
Released at 11:30 AM (CANBERRA TIME) 03/10/2012
Even though the value of total engineering construction work done rose 4.0% in the June 2012 quarter, the value of work commenced in the June quarter decreased of 3.7% from the March quarter. The graphs are interesting comparing 2004 – 2012.
JUNE 2012 KEY FIGURES
| Jun qtr 12 | Mar qtr 12 to Jun qtr 12 | Jun qtr 11 to Jun qtr 12 | ||
| $m | % change | % change | ||
TREND ESTIMATES(a) | ||||
| Value of work done | ||||
| For the private sector | 22 494.6 | 4.5 | 38.3 | |
| For the public sector(b) | 7 908.5 | 2.4 | 1.6 | |
| Total engineering construction | 30 413.8 | 4.0 | 26.5 | |
SEASONALLY ADJUSTED ESTIMATES(a) | ||||
| Value of work done | ||||
| For the private sector | 22 451.6 | – | 48.4 | |
| For the public sector(b) | 8 046.6 | 5.1 | 0.6 | |
| Total engineering construction | 30 498.3 | 1.3 | 31.9 | |
| – nil or rounded to zero (including null cells) | ||||
| (a) Chain volume measures, reference year 2009-10. | ||||
| (b) Includes work done by the private sector for the public sector and work done by the public sector. | ||||
Value of work done, Chain volume measures | Value of work done, Chain volume measures – Trend estimates |
JUNE KEY POINTS
VALUE OF WORK DONE.
TOTAL
- The trend estimate for the value of total engineering construction work done rose 4.0% in the June 2012 quarter.
- The seasonally adjusted estimate for the value of total engineering construction work done rose 1.3% in the June quarter to $30,498.3m.
PRIVATE SECTOR
- The trend estimate for the value of work done for the private sector rose 4.5% in the June quarter.
- The seasonally adjusted estimate for the value of work done for the private sector was flat in the June quarter at $22,451.6m.
PUBLIC SECTOR
- The trend estimate for the value of work done for the public sector rose 2.4% in the June quarter.
- The seasonally adjusted estimate for the value of work done for the public sector rose 5.1% in the June quarter to $8,046.6m.
VALUE OF WORK COMMENCED, CURRENT PRICES
- The value of work commenced in the June quarter was $20,222.5m, a decrease of 3.7% from the March quarter.
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