Construction as an Indicator of Australia's Economic Health

Abstract: A 5 page paper discussing construction's worth as an economic indicator and how it can be used as an indirect link of a nation to the global economy. The paper focuses on Australia, but uses July 2000 data reporting industrial construction completions in the US as example. The data indicates US manufacturers are confident that their business growth warrants increased capacity, and that semiconductor manufacturers perhaps are the most optimistic. The same kinds of relationships are operational in Australia as well, where real GDP growth has been above 4 percent each year since 1997. Bibliography lists 6 sources.

Filename: KSAusConstr.wps

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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