Engineering construction pipeline finally rebounds

Wednesday 26 September 2018

The ABS has released engineering construction data for the June quarter of 2018, which revealed a 2.2% seasonally adjusted rise in the value of work done over the quarter but a 5.2% decrease over the year; although the construction pipeline increased.

According to the ABS, private sector engineering construction rose by 1.8% over the June quarter, whereas public sector engineering construction rose by 2.7%:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.