Australia Construction PMI  2005-2017 | Data | Chart | Calendar | Forecast

The AIG/Housing Industry Association Performance of Construction Index in Australia increased to 56.7 in May of 2017 from 51.9 in the previous month. It is the fourth straight month of expansion in the construction sector and the highest increase since September 2014, driven by work in apartments and engineering. Apartment building rose the most since November of 2015 and engineering construction posted the sharpest growth in 9-1/2 years underpinned by increased levels of non-mining infrastructure work. Improvements were recorded for new orders (59.8 from 51.9), capacity utilization (78.8 from 77.7) and employment (54.6 from 49.6); while decreases were recorded for deliveries (54.7 from 58), wages (61.5 from 63.6), input prices (73.5 from 76) and selling prices (54.9 from 58.5). Survey respondents attributed May's expansion to improved demand conditions due to stronger new orders and an increase in tendering opportunities. Construction Pmi in Australia averaged 45.59 Index Points from 2005 until 2017, reaching an all time high of 59.10 Index Points in September of 2014 and a record low of 29.24 Index Points in December of 2008.