Economic Buzz: Australia AiG Construction Index At 43.1 In January

Australia construction sector edged slightly higher with a Performance of Construction Index score of 43.1, although the sector continued to remain in contraction in January, the latest survey from the Australian Industry Group revealed on Thursday. Thats up from 42.6 in December, although it remains well beneath the boom-or-bust line of 50 that separates expansion from contraction.