Monitor AU Construction Work Done q/q to gauge industry health, impacting GDP and employment data.
This key indicator reflects the health of the construction sector, which significantly influences overall employment and consumer spending. The data provided here offers a preview of the GDP figures that come out approximately a week later.
What it Measures
It tracks the change in the inflation-adjusted value of completed construction projects.
Usual Effect
A result that is 'Actual' greater than 'Forecast' is favorable for the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • This data is released quarterly, roughly 60 days following the end of the quarter.
How Data is Derived
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Also Known As
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