General
Cordell Construction Market Movement Report, Q4 2016
Cordell compiles the latest construction projects to deliver an overview of the health of the Australian construction industry.
For the December 2016 quarter, Cordell captured approximately 2,212 projects moving into construction. Comparing Q4 2016 to Q4 2015, there was only a 6% increase in pipeline activity, and a 40% decrease in construction. Declines were particularly prominent in the commercial and industrial segments.
The quarter-on-quarter results were more promising. In the quarter…
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