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Australia Construction Sector Remains In Contraction - AiG

The construction sector in Australia continued to contract in November, the latest survey from the Australian Industry Group showed on Friday with a Performance of Construction Index score of 44.5.

That's down from 46.4, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components of the survey, activity, new orders, employment, house building, apartment activity and commercial activity all contracted.

Engineering activity was the sole component to expand.

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