Q1 Value of Building Work Put in Place: +1.0%

  • expected +1.0%
  • prior was +0.3%

This release provides estimates of the actual dollar value of work put in place on construction jobs in New Zealand

More:

  • Building activity up nearly 10 percent on the March 2014 quarter 9i.e y/y)
  • "Overall, the value of both residential and non-residential building work increased," business indicators manager Neil Kelly said. "Residential building work increased mainly in Auckland and Canterbury, but non-residential building work chiefly increased in the South Island."