06.03.2017 23:54:53

Australia Construction Sector Expands In February - AiG

(RTTNews) - The construction sector in Australia turned to expansion in February, the latest survey from the Australia Industry Group showed on Tuesday with a Performance of Construction Index score of 53.1.

That's up sharply from 47.7 in January, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders, employment, deliveries, input prices, selling prices, wages and capacity utilization all accelerated to finish in expansion territory.