NZ building work ramps up in 3Q, residential activity at record high

Mon, 04 Dec 2017

By Sophie Boot Dec. 5 (BusinessDesk) - The value of New Zealand building work gained in the September quarter, as both non-residential and residential activity increased, after a relatively flat start to the year, says Statistics New Zealand. The seasonally adjusted value of total building work rose 4 percent in the three months ended Sept. 30, having gained 0.9 percent in the June quarter. Residential work gained 5.2 percent on a seasonally adjusted basis while non-residential work increased 1.6 percent in the quarter. Total building...

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