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Building Work Up 4.1% March 2010

Building Work Up 4.1% March 2010

Australian Bureau of Statistics

MARCH KEY POINTS

Victor P Taffa

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL BUILDING

  • The trend estimate of the value of total building work done rose 4.1% in the March 2010 quarter.
  • The seasonally adjusted March quarter estimate of the value of total building work done rose 5.2%, to $20,055.3m, following a rise of 4.7% in the December 2009 quarter.

NEW RESIDENTIAL

  • The trend estimate of the value of new residential building work done rose 0.7% in the latest quarter, with new houses rising 1.2% and new other residential building falling 0.4%. Alterations and additions to residential building rose 3.1%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 1.6% to $9,116.4m. Work done on new houses fell 0.4% to $6,309.3m, while new other residential building rose 6.6% to $2,807.1m. Alterations and additions rose 2.5% to $1,621.6m.

NON-RESIDENTIAL

  • The trend estimate of the value of non-residential building work done rose 7.4% in the March quarter. However, the trend estimate of the value of non-residential building work done should be interpreted with caution. See data notes on page 2 of this publication.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 9.4%, following a 11.5% rise in the December quarter.
  • MARCH KEY FIGURES
 

Mar qtr 10

Dec qtr 09 to Mar qtr 10

Mar qtr 09 to Mar qtr 10

 

$m

% change

% change


TREND ESTIMATES(a)


Value of Work Done

19 824.9

4.1

5.6

New residential building

9 096.1

0.7

1.2

Alterations and additions to residential building

1 618.2

3.1

1.2

Non-residential building

9 074.1

7.4

10.9


SEASONALLY ADJUSTED ESTIMATES(a)


Value of Work Done

20 055.3

5.2

6.1

New residential building

9 116.4

1.6

3.0

Alterations and additions to residential building

1 621.6

2.5

-1.1

Non-residential building

9 317.4

9.4

10.8


(a) Chain volume measures, reference year 2007-08.