NZ building work climbs in June quarter, swelled by non-residential activity

Wed, 02 Sep 2015

By Paul McBeth Sept. 3 (BusinessDesk) - New Zealand construction activity expanded for a second quarter, swelled by non-residential work as the focus of the Canterbury rebuild shifts to commercial buildings. The volume of building work put in place across all buildings rose a seasonally adjusted 1.6 percent in the three months ended June 30, from a 1.8 percent pace of expansion in the March quarter, according to Statistics New Zealand. Of that, non-residential work grew 5.2 percent, accounting for about 44 percent of activity in the peri...

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