Article #2

This article released by the Australian Constructors Association focuses on the financial aspects of the industry. Past results and and predictions on the future are published on a quarterly basis. It includes dot points on main points of an extensive report made by the association, this is the most recent report being released in May. Some of the key findings where:
· 2008 should see $72 billion of construction work completed, that being double of 2003.
· Constuction turnover should increase by 8.7% this year, down on 12.4% in 2006.
· Other data on the different sectors of the industry, e.g. engineering, planning, public infrastructure ect.

Fragment:
............Non-residential building (commercial construction) is forecast to maintain an upward trend, generating $27.9 billion of work in 2008. However, growth is expected to be moderate, with forecast rises of approximately 5% in both 2007 and 2008.
Apartment building sector work is forecast to decline further by 22.3% in 2007, followed by a lower fall of -2.9% in 2008.......

Full Article: http://www.constructors.com.au/main/index.htm then click 'Construction Outlook Report'.