Building activity falls short of expectations in June quarter

Wed, 05 Sep 2018

By Rebecca Howard Sept. 5 (BusinessDesk) - The volume of total building work in the June quarter fell short of expectations and a series of constraints hitting the construction sector may mean future increases are gradual. The seasonally adjusted volume of total building activity, which excludes the effects of higher construction costs and typical seasonal patterns, rose 0.8 percent in the three months ended June 30, with non-residential building work expanding 1.2 percent and residential building work increasing 0.5 percent, Statistics...

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