Australian construction work done in the first quarter of 2024 saw a decline of 2.9% compared to an expected increase of 0.5% and a previous figure of 0.7%. This decrease in construction work is likely to impact GDP growth for the March quarter.
Australian construction work done -2.9% in Q1 @JFosterFM #ausbiz https://t.co/YBbskoKehA
Housing construction -2.8pc over the year Total construction -2.9pc in Q1; weak GDP growth for the March quarter ahead (ABS) #ausbiz https://t.co/ZmUgwSTKND
Construction Work Done in 1Q24 in Australia -2.9% vs est 0.5%; prev 0.7%
Australian data: Q1 Construction work completed -2.9% q/q vs. +0.5% expected https://t.co/o4cGLxyHzX
Australian Construction Work Done Q1: -2.9% (est 0.5%; prev 0.7%)
AUSTRALIAN CONSTRUCTION WORK DONE QOQ ACTUAL -2.9% (FORECAST 0.5%, PREVIOUS 0.7%) $MACRO
Canada Construction Industry Report 2024: Output to Decline by 3.1% in Real Terms this Year with AAGR of 2.3% projected for 2025-2028 - https://t.co/guyiBA7QmK https://t.co/Ts7MdTdLts https://t.co/ygJ5ffyDH5