Total construction work done in Australia declined by 0.4 percent quarter-on-quarter in the three months to September 2019, following a downwardly revised 2.8 percent fall in the previous period and compared with market consensus of a 1 percent drop. It was the fifth consecutive decline in construction output and the weakest in the current downward trend, as activities dropped for residential (-3.1 percent), building (-0.5 percent) and engineering (-0.2 percent). In contrast, non-residential output grew by 4 percent. Through the year to the third quarter, construction output tumbled 7 percent. Construction Output in Australia averaged 0.81 percent from 1986 until 2019, reaching an all time high of 17.90 percent in the third quarter of 2017 and a record low of -18.90 percent in the third quarter of 2000. source: Australian Bureau of Statistics

Construction Output in Australia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Australia to stand at 0.20 in 12 months time. In the long-term, the Australia Construction Output is projected to trend around 0.20 percent in 2020, according to our econometric models.

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Australia Construction Output
Calendar GMT Actual Previous Consensus TEForecast
2019-02-27 12:30 AM Construction Work Done QoQ Q4 -3.1% -3.6% 0.4% -3%
2019-05-22 01:30 AM Construction Work Done QoQ Q1 -1.9% -2.1% 0% -2.3%
2019-08-28 01:30 AM Construction Work Done QoQ Q2 -3.8% -2.2% -1% -0.7%
2019-11-27 12:30 AM Construction Work Done QoQ Q3 -0.4% -2.8% -1% -1.9%
2020-02-26 12:30 AM Construction Work Done QoQ Q4 -0.4% 1%
2020-05-27 01:30 AM Construction Work Done QoQ Q1 1.1%
2020-08-28 01:30 AM Construction Work Done QoQ Q2 0.6%


Australia Housing Last Previous Highest Lowest Unit
Building Permits -8.10 7.30 31.80 -21.80 percent [+]
New Home Sales 4576.00 4806.00 20768.00 4035.00 Units [+]
Housing Index 2.40 -0.70 6.10 -3.00 percent [+]
Home Loans 50896.00 50213.00 63242.00 17242.00 [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -0.40 -2.80 17.90 -18.90 percent [+]
Construction Pmi 40.00 43.90 60.50 29.24 points [+]


Australia Construction Output

In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors. This page provides the latest reported value for - Australia Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Construction Output - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -2.80 17.90 -18.90 1986 - 2019 percent Quarterly
SA




Country Last Previous
Argentina -9.50 Oct/19 -8.7
Australia -0.40 Sep/19 -2.8
Euro Area -0.70 Sep/19 0.8
France -0.90 Oct/19 -1.9
Germany 0.30 Oct/19 1.8
India -5.80 Oct/19 -5.1
Italy 0.30 Sep/19 2.1
Mexico -8.30 Sep/19 -3.5
Netherlands 4.50 Sep/19 3.5
Russia 1.00 Oct/19 0.8
South Korea -4.30 Oct/19 -7.9
Spain -10.00 Sep/19 2.3
Switzerland -1.10 Sep/19 -2.6
United Kingdom -2.10 Oct/19 0.5


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