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Showing 1 - 4 of 4 results for "Construction output"

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... employment in the construction industry is estimated by the ABS to be 2.866. So, for every $1 million increase in construction output, there is an increase in output elsewhere in the economy of $2.9 million." That was on 7 March 2019, a day after RBA ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... employment in the construction industry is estimated by the ABS to be 2.866. So, for every $1 million increase in construction output, there is an increase in output elsewhere in the economy of $2.9 million." RBA rate cut here we come. According to the ...

Growth maintains momentum

BENJAMIN ONG  |  FRIDAY, 21 APR 2017
... increased at its fastest rate in nearly three years (April 2014), indicating greater willingness to invest. Construction output rose by 7.1% in the year to February, more than reversing the previous month's 5.1% drop led by a 10.3% jump in civil engineering ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 20 SEP 2016
... past 12 months to August. In Xiamen and Hefei, they jumped by 43.8% and 40.3% over the same period. Eurozone construction output Preliminary figures from Eurostat show that construction output in the Eurozone increased by 1.8% in July, six times faster ...
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