8755.0 - Construction Work Done, Australia, Preliminary, Jun 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/08/2003
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JUNE QTR KEY FIGURES
JUNE QTR KEY POINTS
VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS
SEASONALLY ADJUSTED ESTIMATES
ABOUT THIS ISSUE
This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 80% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Building Activity, Australia (cat. no. 8752.0) on 13 October 2003 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 10 October 2003.
Note that additional time series are available on AusStats. For the state and territory building work done series shown in tables 9 and 10, work done (and corresponding percentage changes) for each state and territory is available by private sector/all sectors and by type of building, i.e. by the same dissections as shown for Australia in tables 7 and 8.
CHANGES IN THIS ISSUE
Quarterly chain volume data incorporate a new base year, 2001-02, which has resulted in revisions to growth rates, small in most cases, for subsequent periods. In addition, the reference year has been advanced to 2001-02, thereby preserving additivity in the quarters after the reference year. Re-referencing resulted in revisions to levels, but not growth rates, for all periods.
Seasonally adjusted and trend estimates have been revised as a result of the adoption of new seasonal adjustment methodology. Concurrent seasonal adjustment has replaced forward factor methodology for all seasonally adjusted series in this publication. See paragraphs 26 and 27 of the Explanatory Notes.
SIGNIFICANT REVISIONS THIS ISSUE
Some non-residential building work done in Western Australia from and including the September quarter 2002, previously included as work done for the public sector, has now been reclassified as work done for the private sector. The revisions affect tables 1-8.
Some engineering construction work done in New South Wales from and including the March quarter 2003, previously included as work done for the public sector, has now been reclassified as work done for the private sector. The revisions affect tables 1-4.
For further information about these and related statistics, contact Tony Bammann on Adelaide 08 8237 7316, or the National Information and Referral Service on 1300 135 070.
CONSTRUCTION WORK DONE: Chain volume measures(a)
TREND PERCENTAGE CHANGE
NOTE: Trend estimates are subject to revisions. See Explanatory Notes, paragraph 30.
The total value of construction work done rose for the ninth successive quarter, but the rate of growth has slowed, particularly over the last three quarters.
Engineering construction work done has risen for each of the last nine quarters, but the rate of growth has eased over the last four quarters.
Total building work done fell, following eight quarters of growth.
Residential building work fell following eight quarters of growth.
Non-residential building work fell following eight quarters of growth.
(a) Reference year 2001-02.
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