Surprise March quarter construction activity drop signals lower GDP growth
Building work completed has essentially been flat for the past three quarters.
Hot Topic
Reporting season
An unexpected drop in latest building statistics, reinforced by a surprise fall in March quarter retail sales, are portents to a drop in GDP growth, economists say.
Recent commentaries, such as ANZ’s weekly review, are taking a “one the one hand…” approach; neither predicting a downturn nor
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Nevil Gibson
Wed, 06 Jun 2018
Wed, 06 Jun 2018
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Surprise March quarter construction activity drop signals lower GDP growth
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