Celebrating 25 Years of Scoop
Value of Non-Residential Building Work Up
Value of Building Work Put in Place: September 2004
8 December 2004
Value of Non-Residential Building Work Up
The seasonally adjusted value of non-residential building work put in place increased 5 percent from the June 2004 quarter to the September 2004 quarter, according to Statistics New Zealand.
The trend has been rising since the March 2003 quarter. After adjusting for price changes, the value of non-residential building work put in place increased 13 percent from the September 2003 quarter to the September 2004 quarter.
The value of non-residential building work put in place was $1,153 million in the September 2004 quarter, up $222 million (24 percent) compared with the September 2003 quarter. Commercial buildings contributed $339 million (29 percent) to the total value, followed by miscellaneous buildings worth $300 million (26 percent), and hostels and boarding houses worth $174 million (15 percent).
The value of residential building work put in place was $1,925 million in the September 2004 quarter, up $227 million (13 percent) compared with the September 2003 quarter. For the year ended September 2004, the value was $7,144 million, up $1,213 million (20 percent) compared with the September 2003 year. The seasonally adjusted value of residential building work put in place decreased 4 percent from the June 2004 quarter to the September 2004 quarter. The trend has been rising since the March 2001 quarter. After adjusting for price changes, the value of residential building work put in place increased 3 percent from the September 2003 quarter to the September 2004 quarter.
In the September 2004 quarter, the total value of all building work put in place was $3,078 million, up $449 million (17 percent) compared with the September 2003 quarter. Seasonally adjusted, the value decreased 1 percent from the June 2004 quarter to the September 2004 quarter. The trend has been rising since the March 2001 quarter. After adjusting for price changes, the value of all building work put in place increased 7 percent from the September 2003 quarter to the September 2004 quarter.
Brian Pink
Government Statistician
ENDS
NIWA: New Vessel To Study Undersea In The Hauraki Gulf
Air New Zealand: Dreams Take Flight - The Special Reason An Air New Zealand Boeing 787-9 Took A Scenic Spin Around The South Island
Lincoln University: Psyllid Peril To Potato Prosperity - Lincoln University Research Saves A Canterbury Crop Crisis
Biosecurity NZ: Biosecurity New Zealand Temporarily Suspends All Australian Imported Tomatoes
Stats NZ: Retail Activity Falls By 1.2 Percent
Science Media Centre: Volcanic Ash From Whakaari Halts Flights – Expert Reaction
