Economic Buzz: Australia AiG Construction Sector Expands In March

Australia construction sector continued to expand in March, and at a faster rate, the latest survey from the Australian Industry Group revealed on Monday with a Performance of Construction Index score of 57.2. Thats up from 56.0 in February, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. It also marks a record 14th consecutive month of expansion for the index.