Outlook for non-residential construction not all doom and gloom
Posted on Friday 14 August, 2020
According to Statistics NZ, the total value of non-residential building work consented dropped to just $365 million as the full effects of Level 4 lockdown made themselves felt. But it bounced back up to $553 million in May and $753 million in June, which was the highest level it has been for any month since April last year and up 50% on June last year.