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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Construction Work Done held to -2.0% in May 2013
FMPMonthlyReleased May 2013
Australia Construction Work Done held to -2.0% in May 2013.
Latest Release
-2.000000
Actual
—
Consensus
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Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Construction Work Done (Australia) was reported at -2% in May 2013.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Full Time Employment Chg (Jun 25) and Employment Change (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update May 2013.
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Construction Work Done - AU
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About Construction Work Done — Australia
DEFINITION
Construction Work Done is a financial indicator that measures the total value of construction projects completed within a specific time period. It provides valuable insights into the level of activity and investment in the construction industry, which is a key driver of economic growth. This indicator is used by economists, investors, and policymakers to assess the health of the construction sector and its impact on the overall economy. By tracking Construction Work Done, stakeholders can make informed decisions and forecasts about future economic trends.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2013): actual -2 %.
WHAT'S NEXT
This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - AU Events
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | AU | Household Spending YoY | 4.9 | 4.1 | 4.10 | Low | |
| 01:30 | AU | Household Spending MoM | -1.1 | 0.5 | 0.50 | Low | |
| 01:30 | AU | Participation Rate | 66.7 | 66.8 | 66.80 | Low | |
| 01:30 | AU | Employment Change | -18.6 | 25 | 25.00 | Medium | |
| 01:30 | AU | Unemployment Rate | 4.5 | 4.4 | 4.40 | Medium | |