Australian Construction Sector Sees Improved Activity in February

Australian Construction Sector Sees Improved Activity in February
Construction workers are pictured at a building site in Melbourne's city centre in Melbourne, Australia, on Sep. 17, 2020. William West/AFP via Getty Images
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Australia’s construction industry saw some improvement in February after the disruptions caused by the COVID-19 Omicron variant over December and January.

The Australian Industry Group/Housing Industry Association performance of construction index rose 7.5 points to 53.4 in February, indicating the sector is again growing with a score above 50 points.