Strong Australian construction in sept qtr bodes well for GDP
Wed, November 25 2009 15:17 | 248 Views
The Australian Bureau of Statistics' construction work report for the September quarter showed total work completed rose by a seasonally-adjusted 2.2 per cent.
The surprise was an unexpected 2.3 per cent increase in non-residential building work given weak business investment earlier this year, while engineering work was up 1.8 per cent.
Source:
Business in Asia Today - Nov 25, 2009
published by <a href="http://www.asiapulse.com">Asia Pulse</a>
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