Australian Building Approvals Drop by 1.9% in February 2024
Thursday, 4 April 2024, 00:33
Australian Building Approvals Report - February 2024
Total dwelling approvals for Australia in February 2024 declined by 1.9% m/m, contrasting with the expected +3.3% rise and the previous month's -1.0%. This data indicates a concerning trend in the construction industry, potentially impacting the overall economy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.