AIG Australia Construction Index

Country:
Australia
AUD, Australian Dollar
Sector:
Business
Low 46.4
49.3
Last release Importance Actual Forecast
Previous
46.4
Next release Actual Forecast
Previous
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The Australian Industry Group (AIG) Construction Index reflects the state of the national construction industry. This index is based on a monthly survey of Australian construction companies. The indicator calculation takes into account all types of construction work in the country, including residential and hotel construction, construction of industrial buildings and facilities, engineering and commercial construction, etc. The calculation includes commercial construction work and construction conducted by government.

This is a diffuse index, which is calculated as a weighted set of five key industry activity indicators. These include:

  • Construction activity (the full report version provides construction activity data by sectors)
  • New orders in the sector
  • Employment
  • Input costs and selling prices
  • Deliveries of inputs from suppliers

Participants estimate relative changes, i.e. whether the value has increased, decreased or has not changed during the specified month. Each of the values used for the index calculation is given a certain weight.

Readings above 50 indicate the expansion of the construction activity, those below 50 are an indication of a decline. The distance from 50 characterizes the speed and strength of changes in the industry.

The construction index is an important indicator of Australian economy. It is closely correlated with other macro-statistical indicators and can be considered as a leading indicator of the housing market development and commercial activities in the country. The indicator growth can have a positive effect on the Australian dollar quotes.

Last values:

actual data

The chart of the entire available history of the "AIG Australia Construction Index" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
Oct 2018
46.4
49.3
Sep 2018
49.3
51.8
Aug 2018
51.8
52
Jul 2018
52
50.6
Jun 2018
50.6
54
May 2018
54
55.4
Apr 2018
55.4
57.2
Mar 2018
57.2
56
Feb 2018
56
54.3
Jan 2018
54.3
52.8
Dec 2017
52.8
57.5
Nov 2017
57.5
53.2
Oct 2017
53.2
54.7
Sep 2017
54.7
55.3
Aug 2017
55.3
60.5
Jul 2017
60.5
56
Jun 2017
56
56.7
May 2017
56.7
51.9
Apr 2017
51.9
51.2
Mar 2017
51.2
53.1
Feb 2017
53.1
47.7
Jan 2017
47.7
47
Dec 2016
47
46.6
Nov 2016
46.6
45.9
Oct 2016
45.9
51.4
Sep 2016
51.4
46.6
Aug 2016
46.6
51.6
Jul 2016
51.6
53.2
Jun 2016
53.2
46.7
May 2016
46.7
50.8
Apr 2016
50.8
45.2
Mar 2016
45.2
46.1
Feb 2016
46.1
46.3
Jan 2016
46.3
46.8
Dec 2015
46.8
50.7
Nov 2015
50.7
52.1
Oct 2015
52.1
51.9
Sep 2015
51.9
53.8
Aug 2015
53.8
47
Jul 2015
47.1
46
Jun 2015
46.4
48
May 2015
47.8
47
Apr 2015
47
50
Mar 2015
50.1
44
Feb 2015
43.9
45.9
Jan 2015
45.9
44.4
Dec 2014
44.4
45
Nov 2014
45.4
53
Oct 2014
53.4
59.1
Sep 2014
59.1
55

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