Oct 7, 2011

AIG Construction

Source     Australian Industry Group (latest release)
Measures     Level of a diffusion index based on surveyed construction companies;
Usual Effect     Actual > Forecast = Good for currency;
Frequency     Released monthly, on the fifth business day after the month ends;
Next Release     Nov 7, 2011
FF Notes     Above 50.0 indicates industry expansion, below indicates contraction;
Derived Via     Survey of about 120 construction companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Also Called     Performance of Construction Index

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