Total construction work done in Australia declined by 3.8 percent in the three months to June 2019, following an upwardly revised 2.2 percent fall in the previous period and compared with market consensus of a 1 percent decrease. It was the fourth straight quarter decline in construction output and the steepest since the last quarter of 2017, as activities dropped for all categories: non-residential (-6.6 percent), building work (-5.7 percent), residential (-5.1 percent) and engineering (-1.1 percent). Through the year to the June quarter, construction output tumbled 11.1 percent. Construction Output in Australia averaged 0.82 percent from 1986 until 2019, reaching an all time high of 17.90 percent in the third quarter of 2017 and a record low of -18.90 percent in the third quarter of 2000.

Construction Output in Australia is expected to be -1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Australia to stand at 0.60 in 12 months time. In the long-term, the Australia Construction Output is projected to trend around 0.20 percent in 2020, according to our econometric models.

Australia Construction Output
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-28 12:30 AM Construction Work Done QoQ Q3 -2.8% 1.8% 1.0% 0.8%
2019-02-27 12:30 AM Construction Work Done QoQ Q4 -3.1% -3.6% 0.4% -3%
2019-05-22 01:30 AM Construction Work Done QoQ Q1 -1.9% -2.1% 0% -2.3%
2019-08-28 01:30 AM Construction Work Done QoQ Q2 -3.8% -2.2% -1% -0.7%
2019-11-28 12:30 AM Construction Work Done QoQ Q3 -3.8% -1.9%


Australia Housing Last Previous Highest Lowest Unit
Building Permits -1.10 -9.70 31.60 -21.90 percent [+]
New Home Sales 4548.00 4237.00 20768.00 4035.00 Units [+]
Housing Index -0.70 -3.00 6.10 -3.00 percent [+]
Home Loans 49792.00 48899.00 63242.00 17242.00 [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -3.80 -2.20 17.90 -18.90 percent [+]
Construction Pmi 42.60 44.60 60.50 29.24 Index Points [+]


Australia Construction Output

In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors. This page provides the latest reported value for - Australia Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Construction Output - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -2.20 17.90 -18.90 1986 - 2019 percent Quarterly
SA




Country Last Previous
Argentina -5.90 Aug/19
Australia -3.80 Jun/19
Euro Area 1.20 Aug/19
France -0.30 Aug/19
Germany 1.40 Aug/19
India -0.50 Aug/19
Italy 2.10 Aug/19
Mexico -2.88 Aug/19
Netherlands 2.20 Aug/19
Russia 0.30 Aug/19
South Korea -6.90 Aug/19
Spain 2.70 Aug/19
Switzerland -2.20 Jun/19
United Kingdom 2.40 Aug/19


Related

Latest