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Australia Construction Work Done QoQ

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Australia Construction Work Done QoQ

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Feb 28, 2024
Actual
0.7%
Forecast
0.6%
Previous
1.4%
Construction Work Done measures the change in the total value of completed construction projects. It provides an early indication of trends in building and engineering construction activity. The data is an estimate, based on a survey of approximately 80% of the value of both building and engineering work done during the quarter.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Bureau of Statistic...
Australia Construction Work Done QoQ
 
Release Date Time Actual Forecast Previous
May 29, 2024 (Q1) 11:30   0.5% 0.7%
Feb 28, 2024 (Q4) 10:30 0.7% 0.6% 1.4%
Nov 29, 2023 (Q3) 10:30 1.3% 0.4% 0.4%
Aug 30, 2023 (Q2) 11:30 0.4% 1.0% 3.8%
May 31, 2023 (Q1) 11:30 1.8% 1.5% 1.0%
Feb 22, 2023 (Q4) 10:30 -0.4% 1.5% 2.2%

News

ASX 200 little changed at open, New York trades steady
ASX 200 little changed at open, New York trades steady By Investing.com - Feb 28, 2024

Investing.com - The Australian share market was trading in a tight range on Wednesday, as New York's trading patterns remain stable for a second consecutive session. The Nasdaq Composite was showing...

Analysis

David Bassanese
RBA to pause? By David Bassanese - Dec 05, 2022 1

Week in reviewGlobal equities lifted for the second week in a row as Fed chair Powell all but confirmed the Fed would only raise rates by 0.5% at its policy meeting next week. Another benign US...

Greg Peel
The Overnight Report: Moderation By Greg Peel - Dec 01, 2022

Gob-SmackedSo shocked by yesterday’s October CPI numbers was RBA deputy governor Michele Bullock that she said it will take time to “figure out what is the noise and what is the...

David Bassanese
Recession Watch By David Bassanese - May 23, 2022

Global marketsGlobal equities weakened further last week, although not due to another surge in bond yields. Rather, it was due to signs of a weakening in corporate earnings from two major US...

Construction Work Done (QoQ) Discussion

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