Commercial construction bounces back

The volume of non-residential building work rose in the September 2019 quarter after falling in the June quarter, Stats NZ said today.

Non-residential building activity, which includes public and commercial construction, rose 2.4 percent after falling 3.3 percent in the June quarter. This increase accounts for typical seasonal patterns and higher construction costs.

Non-residential building activity slows has more information on last quarter's decline.

"More work on accommodation and storage buildings this quarter helped boost non-residential building activity," construction statistics manager Melissa McKenzie said.

QuarterValueVolume
Dec-89574163000624834000
Mar-90561031000614053000
Jun-90532842000588140000
Sep-90478793000526224000
Dec-90455927000487531000
Mar-91377915000408465000
Jun-91326181000354964000
Sep-91315074000339451000
Dec-91293991000314726000
Mar-92264488000286904000
Jun-92285412000314383000
Sep-92238707000259830000
Dec-92287665000314077000
Mar-93348188000382051000
Jun-93351375000384816000
Sep-93397853000425897000
Dec-93423136000450299000
Mar-94428075000454847000
Jun-94461489000488941000
Sep-94499913000525011000
Dec-94546620000570157000
Mar-95612047000628266000
Jun-95687244000703371000
Sep-95686475000693558000
Dec-95688051000694960000
Mar-96701767000705365000
Jun-96720192000723351000
Sep-96743774000743963000
Dec-96689531000691662000
Mar-97718448000718122000
Jun-97702261000703369000
Sep-97696728000698724000
Dec-97617718000619159000
Mar-98662898000664370000
Jun-98697303000701033000
Sep-98617369000619624000
Dec-98723162000726835000
Mar-99636610000640761000
Jun-99627022000628529000
Sep-99658672000657656000
Dec-99708133000707495000
Mar-00751354000748496000
Jun-00689803000688913000
Sep-00652589000649048000
Dec-00750801000743219000
Mar-01680947000671685000
Jun-01774608000761450000
Sep-01793518000774685000
Dec-01771430000747910000
Mar-02794718000765932000
Jun-02767931000740070000
Sep-02795045000760793000
Dec-02833409000795427000
Mar-03808137000761060000
Jun-03761367000707842000
Sep-03878285000809809000
Dec-03855725000776555000
Mar-04885029000784491000
Jun-04994586000851185000
Sep-041083533000910349000
Dec-041052053000867891000
Mar-051099286000903769000
Jun-0513215170001079221000
Sep-0512909800001038587000
Dec-051246377000997764000
Mar-0613548050001065416000
Jun-0613128060001017367000
Sep-061238513000939704000
Dec-061206327000906323000
Mar-071289095000965710000
Jun-071212442000911244000
Sep-071205967000899958000
Dec-071330404000984321000
Mar-081277049000934999000
Jun-081250468000913397000
Sep-081351065000969169000
Dec-081340206000961893000
Mar-091340134000964740000
Jun-091278444000933732000
Sep-091197354000886295000
Dec-091095713000818958000
Mar-101131622000846218000
Jun-101190231000890723000
Sep-101190677000890579000
Dec-101297672000973784000
Mar-111146083000858587000
Jun-111157356000862559000
Sep-111105969000821013000
Dec-111133426000840630000
Mar-121132602000837755000
Jun-121080027000799104000
Sep-121229633000907862000
Dec-121281272000943405000
Mar-131238136000906311000
Jun-131276308000930811000
Sep-131193128000861610000
Dec-131185984000845362000
Mar-141389346000980924000
Jun-1414315690001000453000
Sep-1415529520001074729000
Dec-141442910000989541000
Mar-1515007160001018639000
Jun-1515659550001053887000
Sep-1515551360001037454000
Dec-1515783180001049020000
Mar-1616932130001115224000
Jun-1618086090001177873000
Sep-1618323970001179143000
Dec-1618912450001191021000
Mar-1717766570001110205000
Jun-1718110970001117219000
Sep-1718449480001127719000
Dec-1719233160001164030000
Mar-1818944270001134682000
Jun-1819722580001165282000
Sep-1819959560001165953000
Dec-1821228570001229415000
Mar-1923172530001326446000
Jun-1922651180001282805000
Sep-1923648490001314010000

"Increases in non-residential building activity, especially in Auckland and the South Island, more than offset a fall in residential building work," Melissa McKenzie said.

The volume of residential construction fell for the second quarter in a row after significant growth in the March 2019 quarter.

QuarterResidential buildingsNon-residential buildings
Sep-173.60.9
Dec-17-0.33.2
Mar-18-0.8-2.5
Jun-1812.7
Sep-180.80.1
Dec-181.95.4
Mar-193.97.9
Jun-19-0.4-3.3
Sep-19-1.12.4

Total building activity rose 0.4 percent in the September 2019 quarter.

The volume of building work remains at historically high levels and has been generally increasing since 2012. Activity was originally boosted by the Canterbury earthquake rebuild, and more recently by developments in Auckland.

/Stats NZ Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.