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Australian: Construction activity ‘deteriorates’

Posted on 07 October 2008

From Theage.com.au: The Australian Industry Group-Housing Industry Association performance of construction index (PCI) fell 11.3 index points to 31.8 points in September, its weakest reading since the survey was established in September 2005.

The index was below the key 50 level, which separates expansion from contraction, for the seventh straight month….. Full Article: Source


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