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8762.0 - Engineering Construction Activity, Australia, Mar 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 01/07/2015 Released Today  
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MARCH KEY FIGURES

Mar Qtr 15
Dec Qtr 14 to Mar Qtr 15
Mar Qtr 14 to Mar Qtr 15
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
For the private sector
18 926.0
-6.4
-20.8
For the public sector(b)
6 078.0
1.0
-10.8
Total engineering construction
25 001.4
-4.7
-18.6

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
For the private sector
18 521.9
-9.4
-23.3
For the public sector(b)
6 157.5
1.0
-9.8
Total engineering construction
24 679.5
-7.0
-20.3

(a) Chain volume measures, reference year 2012-13.
(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
Graph: Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates
Graph: Value of work done Volume terms Trend estimates




MARCH KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL
  • The trend estimate for the value of total engineering construction work done fell 4.7% in the March 2015 quarter.
  • The seasonally adjusted estimate for the value of total engineering construction work done fell 7.0% in the March quarter to $24,679.5m.


PRIVATE SECTOR
  • The trend estimate for the value of work done for the private sector fell 6.4% in the March quarter.
  • The seasonally adjusted estimate for the value of work done for the private sector fell 9.4% in the March quarter to $18,521.9m.


PUBLIC SECTOR
  • The trend estimate for the value of work done for the public sector rose 1.0% in the March quarter.
  • The seasonally adjusted estimate for the value of work done for the public sector rose 1.0% in the March quarter to $6,157.5m.


VALUE OF WORK COMMENCED, CURRENT PRICES
  • The value of work commenced in the March quarter was $11,553.1m in original terms, a decrease of 15.3% from the December quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2015 30 September 2015
September 2015 13 January 2016



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 27 May 2015.


DATA NOTE

This release includes revisions to Engineering Construction data back to September 2011.

Several time series spreadsheets for recent quarters contain 'np' (not available for publication) annotations. This is due to confidential data being contained in these series.

Trend estimates for quarterly work done on Engineering Construction in the Northern Territory have not been released for September 2014, December 2014 and March 2015. The ABS produces trend estimates to best represent the underlying behaviour of the series but the very large movements evident in the original and seasonally adjusted data between June and September prevent the reliable estimation of this behaviour. The ABS will review these trend estimates over the next few quarters with a view to re-establishing the series. The reliability of original and seasonally adjusted estimates are not affected.

Trend estimates should be used with caution due to the volatility caused by large engineering projects. For more details on trend estimates, please see paragraphs 22 to 24 of the explanatory notes.


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Commonwealth of Australia 2015

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