Slide in Construction Work Done Continues over Q3 2016

The Australian Bureau of Statistics (ABS) released data on construction work done over the September 2016 quarter earlier this week.  The data showed that the value of work done fell to its lowest level since December 2010.

Over the September 2016 quarter, $46.1 billion worth of construction was completed.  The $46.1 billion in work was -10.9% lower than over the previous quarter and -7.6% lower than the September 2015 quarter.  The -10.9% quarterly fall in work done was the greatest…