Construction industry shows August expansion

Summary

After declining or remaining stable for 9 months, Australia’s construction industry expanded during the month of August. The Australian Performance of Construction Index (Australian PCI) increased by 6.7 points to 53.8. Readings above 50 indicate an expansion in activity. The expansion has been driven by improvements in the new orders and activity sub-indexes, as well […]

Tags: Ai Group, apartment building, australian industry group, Australian PCI, Australian Performance of Construction Index, Commercial construction, Construction, construction industry