- This is big, big jump, well into expansion territory
- +6.8 points
- The index now at its highest since April 2011
- Another positive sign of ‘transition’ in the Australian economy
- AUD/USD is a tiny bit weaker on the release
Preview here, with graph of past results and links to the improved manufacturing and services PMIs released a few days ago.
AiG performance of construction index
Employment data is due at 0030GMT – quick preview, full preview coming soon