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Thursday, 7 February 2019

Construction heads into winter season

Construction contracting

A second consecutive very contractionary result for AiG's performance of construction index at 43.1 (with 50 being a neutral reading) for January 2019.  

The reading for apartment building was shrunk even further to just 24.9, which is a fresh six-year low.

I've been down in apartment construction hotspot Melbourne this week, so here are a few thoughts: