AIG Australia Construction Index

Country:
Australia
AUD, Australian Dollar
Sector:
Business
Low 61.8
57.4
Last release Importance Actual Forecast
Previous
61.8
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
Mar 2021
61.8
57.4
Feb 2021
57.4
57.6
Jan 2021
57.6
55.3
Nov 2020
55.3
52.7
Oct 2020
52.7
45.2
Sep 2020
45.2
37.9
Aug 2020
37.9
42.7
Jul 2020
42.7
35.5
Jun 2020
35.5
24.9
May 2020
24.9
21.6
Apr 2020
21.6
37.9
Mar 2020
37.9
42.7
Feb 2020
42.7
41.3
Jan 2020
41.3
38.9
Dec 2019
38.9
40.0
Nov 2019
40.0
43.9
Oct 2019
43.9
42.6
Sep 2019
42.6
44.6
Aug 2019
44.6
39.1
Jul 2019
39.1
43.0
Jun 2019
43.0
40.4
May 2019
40.4
42.6
Apr 2019
42.6
45.6
Mar 2019
45.6
43.8
Feb 2019
43.8
43.1
Jan 2019
43.1
42.6
Dec 2018
42.6
44.5
Nov 2018
44.5
46.4
Oct 2018
46.4
49.3
Sep 2018
49.3
51.8
Aug 2018
51.8
52.0
Jul 2018
52.0
50.6
Jun 2018
50.6
54.0
May 2018
54.0
55.4
Apr 2018
55.4
57.2
Mar 2018
57.2
56.0
Feb 2018
56.0
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
56.0
Jun 2017
56.0
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
47.0

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