In Australia, the total value of engineering construction work done, on a seasonally adjusted basis, rose 5% sequentially in the fourth quarter, the Bureau of Statistics said Monday. Total engineering construction activity was valued at A$17.6 billion.
During the fourth quarter, engineering construction activity in the private sector rose 6.7% to A$11.2 billion, while it was up 2.4% to A$6.36 billion in the public sector.
Year-on-year, total engineering construction activity grew 26.5% in the fourth quarter, reflecting a 27.8% rise in the value of work done in the private sector and a 24.3% growth in the public sector.
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