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8762.0 - Engineering Construction Activity, Australia, Jun 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 10/10/2003   
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KEY FIGURES



Mar qtr 03 to
Jun qtr 02 to
Jun qtr 03
Jun qtr 03
Jun qtr 03
$m
% change
% change

TREND ESTIMATES VOLUME TERMS (a)
Value of work done
For the private sector
3,474.3
4.4
30.3
For the public sector(b)
2,803.1
-0.5
2.7
Total engineering construction
6,262.8
1.9
16.1
SEASONALLY ADJUSTED VOLUME TERMS (a)
Value of work done
For the private sector
3,448.4
1.6
37.4
For the public sector(b)
2,827.3
2.9
6.2
Total engineering construction
6,275.7
2.2
21.3

(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 enginerring
Value of work done, Volumn terms


KEY POINTS


VALUE OF CONSTRUCTION WORK DONE , VOLUME TERMS


TREND ESTIMATES
  • The trend estimate for the value of total engineering construction work done rose 1.9% in the June 2003 quarter. This is the ninth consecutive quarterly rise.
  • The trend estimate for the value of work done for the private sector rose 4.4% in June 2003 quarter, the eighth consecutive quarterly rise. Work done for the public sector fell 0.5% in the June 2003 quarter, following a rise of 0.1% in the March 2003 quarter.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for the value of total engineering construction work done in the June 2003 quarter rose 2.2% to $6,275.7m. 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 1.6% in the June 2003 quarter. The value of work done for the public sector rose 2.9%.


ORIGINAL ESTIMATES
  • The value of work done in the June 2003 quarter rose 15.3% to $6,639.4m, following a 6.4% fall in the March quarter 2003. The estimate for the June 2003 quarter is the highest since the current series began in the September quarter 1986.
  • The value of work done for the private sector rose 8.1% to $3,421.1m in the June 2003 quarter, 36.5% higher than the estimate for the June 2002 quarter. The value of work done for the public sector rose 24.2% to $3,218.2m in the June 2003 quarter, following an 11.2% fall in the March 2003 quarter.


NOTES


CHANGES IN THIS ISSUE

Quarterly chain volume data incorporate a new base year, 2001-2002, which has resulted in revisions to growth rates, small in most cases, for subsequent periods. In addition, the reference year has been advanced to 2001-2002, 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 16 and 17 of the Explanatory Notes.


SIGNIFICANT REVISIONS THIS QUARTER

Estimates for 'Roads, highways and subdivisions' have been revised, largely due to work on a project being reclassified from 'private for public' to 'private for private'. This contributed to the following revisions for this commodity group:


March 2003
March 2003
by private
by private
for private
for public
$m
$m

Work commenced
624.5
-604.4
Work done
58.2
-74.7
Work yet to be done
523.2
-535.4


DATA NOTES

There are no notes about the data.


ABBREVIATIONS

$mmillion dollars
ABNAustralian Business Number
ABSAustralian Bureau of Statistics
ATOAustralian Taxation Office
Aust.Australia
qtrquarter
TAUtype of activity unit


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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