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Date Posted08/12/2017

Construction Spike for Second Consecutive Quarter

Source: Pixabay

There was good news for the construction industry in the last quarter, with economists reporting a 15.7 per cent hike in the value of construction work done.

A 33 per cent surge in engineering work had a lot to do with the jump in the September quarter which included mines, roads and bridge construction to the value of $34.2 billion.

The value of construction work jumped to $61.9 billion in the September quarter despite a decline in home and non-residential building construction which fell by 0.4 per cent.

Read more at https://sourceable.net/surprise-spike-in-construction-activity/

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