Aussie construction PMI enters free fall

Don’t say we didn’t warn you, Recessionberg. Via AIG:

New orders are a dark giggle. Houses say no to the ScoMo miracle:

Apartments are stuffed:

And my personal favourite is the Recessionberg special, collapsing infrastructure:

Leading to this:

And this:

I guess tradies are not “quiet Australians”. Full report.

David Llewellyn-Smith
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