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8755.0 - Construction Work Done, Australia, Preliminary, Mar 2015  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 27/05/2015 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
Building
23 374.3
2.0
6.7
Residential
14 544.2
3.1
11.1
Non-residential
8 829.3
0.2
0.3
Engineering
25 153.5
-4.7
-18.5
Total construction
48 437.2
-1.8
-8.2

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
Building
23 597.0
3.3
7.4
Residential
14 733.0
4.8
11.4
Non-residential
8 864.0
1.0
1.2
Engineering
24 800.9
-7.3
-20.3
Total construction
48 397.8
-2.4
-8.8

(a) Reference year for Chain Volume Measures is 2012-13.

Value of construction work done, Chain Volume Measures - Trend estimates
Graph: Value of constrcution work done, Chain colume measures - Trend

Value of building work done, Chain Volume Measures - Trend Estimates
Graph: Value of building work done, Chain volume measures - Trend




MARCH KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL CONSTRUCTION
  • The trend estimate for total construction work done fell 1.8% in the March quarter 2015.
  • The seasonally adjusted estimate for total construction work done fell 2.4% to $48,397.8m in the March quarter.


BUILDING WORK DONE
  • The trend estimate for total building work done rose 2.0% in the March quarter.
  • The trend estimate for non-residential building work done rose 0.2%, while residential building work rose 3.1%.
  • The seasonally adjusted estimate of total building work done rose 3.3% to $23,597.0m in the March quarter.


ENGINEERING WORK DONE
  • The trend estimate for engineering work done fell 4.7% in the March quarter.
  • The seasonally adjusted estimate for engineering work done fell 7.3% to $24,800.9m in the March quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2015 26 August 2015
September 2015 25 November 2015
December 2015 24 February 2016
March 2016 25 May 2016



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 85% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Engineering Construction Activity, Australia (cat.no. 8762.0) on 1 July 2015 and in Building Activity, Australia (cat. no. 8752.0) on 15 July 2015.


DATA NOTES

This release includes revisions to both the Building Activity and Engineering Construction Survey. Building Activity data was revised back to September 2001 and Engineering Construction data was revised back to September 2011.

Trend estimates for quarterly work done on Engineering and Total 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 24 to 26 of the explanatory notes.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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Commonwealth of Australia 2015

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