Construction Sales Rise By Almost $900 Million In December Quarter

Construction sales reached $19.6 billion in the December 2020 quarter, up $897 million (4.8 percent) from the December 2019 quarter, in part driven by home building, Stats NZ said today.

This followed a $1.6 billion (8.9 percent) year-on-year increase for the September 2020 quarter.

“After a low June 2020 quarter because of the COVID-19 national lockdown, construction sales rebounded in September and continued to grow in the December 2020 quarter,” business statistics manager Sue Chapman said.

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• Construction sales rise by almost $900 million in December quarter
• Manufacturing volumes up and wholesale trade values down in the December quarter
• Business financial data: December 2020 quarter
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