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Building Activity Slow
Value of Building Work Put in Place: September 2011 quarter key facts
In the September 2011 quarter,
the seasonally adjusted volume of:
• All building
activity fell 2.3 percent, to the lowest level since the
March 2001 quarter.
• Non-residential building
activity fell 4.6 percent, after a smaller fall in the June
2011 quarter.
• Residential building activity was
flat, and remains at the lowest level since the June 1993
quarter.
The trend for the volume of all building work fell 4.0 percent in the September 2011 quarter, and is now at its lowest level in 10 years.
Overall building work in Canterbury appears to follow a similar pattern to the rest of New Zealand, following the 2010 and 2011 earthquakes.
Value Of Building Work Sep11qtr MR pdf
Value Of Building Work Sep 11 qtr
information
pdf
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