Building Activity Bounces Back

Friday, 4 December 2020, 10:59 am
Press Release: Statistics New Zealand

The volume of building activity bounced back to normal levels in the September 2020 quarter, following the significant drop in the COVID-hit June 2020 quarter, Stats NZ said today.

Volume measures of building work put in place exclude the effects of increasing construction costs to show underlying changes in the volume of work.

“Overall building activity was at pre-COVID levels in the September 2020 quarter, with residential work up 4.2 percent on the same period in 2019,” construction statistics manager Michael Heslop said.

Visit our website to read these news stories, information release, methods paper, and to download CSV files:

Advertisement - scroll to continue reading

Did you know Scoop has an Ethical Paywall?

If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!

Go to Scoop Pro Find out more

Find more from Statistics New Zealand on InfoPages.

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH

FMA: MAS To Pay $2.1M Penalty For Making False Representations

Following proceedings brought by the FMA, MAS has been ordered to pay a $2.1M penalty for making false and/or misleading representations to some customers. MAS admitted failing to correctly apply multi-policy discounts and no claims bonus discounts to some customers, failing to correctly apply inflation adjustments on some customer policies, and miscalculating benefit payments. More

IAG: Call On New Government To Prioritise Flood Resilience

The economic toll of our summer of storms continues to mount, with insurance payouts now topping $1B, second only to the Christchurch earthquakes. AMI, State, & NZI have released the latest Wild Weather Tracker, which reveals 51,000 claims for the North Island floods & Cyclone Gabrielle, of which 99% (motor), 97% (contents), and 93% (home) of claims have now been settled. More

Join Scoop Pro

Submit News

Become a Member