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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

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.

• 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.

• 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.

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.