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Construction, non-residential sector grows

Posted: 2 August 2016

In the second half of 2015 building permit indicators showed trends differing for the two main components. Residential construction fell by 14.5% measured on homes and by 12.3% on the net liveable area whereas, in contrast, non-residential construction saw a significant increase (21.7%), a sign that confidence in economic activity is improving although the job market continues to lag behind.

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