Australian Industry Group Performance of Construction Index down on the month and solidly in expansion at 55.5

  • prior 58.3

This indicator hit a record high in March 2021.

  • In June new orders remain relatively strong in housing, commercial and engineering construction but indicated mild contraction in apartment construction

The major sub-indexes - jobs strong but did drop by a large extent from the previous month, wages higher:

Australian Industry Group Performance of Construction Index