Construction held up stronger than expected in the September quarter with just a 0.3 per cent decline in output despite sites being shuttered in Sydney and Melbourne due to Delta Covid outbreaks and related lockdowns.
Data from the Australian Bureau of Statistics released on Wednesday showed the value of construction work done fell to $53.93 billion from June’s $54.1 billion, a much smaller decline than the 3 per cent drop forecast by economists.
Click HERE to read the full article published by The Urban Developer on 24 November 2021.
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