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8762.0 - Engineering Construction Activity, Australia, Mar 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 19/07/2004   
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MARCH KEY FIGURES

Mar qtr 04
Dec qtr 03 to Mar qtr 04
Mar qtr 03 to Mar qtr 04
$m
% change
% change

TREND ESTIMATES VOLUME TERMS(a)

Value of work done
For the private sector
3,851.8
3.4
14.7
For the public sector(b)
2,701.1
0.9
-2.8
Total engineering construction
6,543.8
2.2
6.6

SEASONALLY ADJUSTED VOLUME TERMS(a)

Value of work done
For the private sector
3,841.4
0.3
11.7
For the public sector(b)
2,757.1
4.0
1.8
Total engineering construction
6,598.5
1.8
7.4

(a) Chain volume measures, reference year 2001-02.
(b) Includes work done by the private sector for the public sector and work done by the public sector.

Value of work done, Total engineering - Volume terms
Graph: Value of work done Volume terms Trend estimates

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



MARCH KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

Trend estimates

  • The trend estimate for the value of total engineering construction work done rose 2.2% in the March 2004 quarter. The estimate has now risen for twelve successive quarters.
  • The trend estimate for the value of work done for the private sector rose 3.4% in the March 2004 quarter, the tenth consecutive quarterly rise. Work done for the public sector rose 0.9% in the March 2004 quarter.

Seasonally adjusted estimates
  • The seasonally adjusted estimate for the value of total engineering construction work done in the March 2004 quarter rose 1.8%, to $6,598.5m. This is the highest estimate since the current series began in the September quarter 1986.
  • The seasonally adjusted estimate for the value of work done for the private sector rose 0.3%, to $3,841.4m in the March 2004 quarter. The value of work done for the public sector rose 4.0%, to $2,757.1m.

Original estimates
  • The value of work done in the March 2004 quarter fell 6.8%, to $6,192.6m, following an 11.3% rise in the December quarter 2003.
  • The value of work done for the private sector fell 9.4%, to $3,594.0m in the March quarter 2004 following the record estimate of $3,966.9m in the December quarter. The value of work done for the public sector fell 3.0%, to $2,598.6m, following a 13.2% rise in the December quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)Release Date
June 200412 October 2004
September 200420 January 2005



CHANGES IN THIS ISSUE

Commencing from this issue, there will be two additional tables (tables 3 & 4) containing chain volume data for the value of work done by states and territories. All subsequent tables have been renumbered.



SIGNIFICANT REVISIONS THIS QUARTER

Revisions have been made to the September and December 2003 quarter estimates of work commenced, work done and work yet to be done for 'electricity generation, transmission and distribution'. For the September quarter 2003, estimates have been revised upwards by $78.0m for work commenced, $19.0m for work done and $120.7m for work yet to be done. For the December quarter 2003, estimates have been revised upwards by $9.7m for work commenced, $37.6m for work done and $94.1m for work yet to be done.



DATA NOTES

There are no notes about the data.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Stidston on Adelaide (08) 8237 7668.


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