Construction sector sees "steady signs" of improvement in business, consumer confidence
The GDP has grown as expected – rising 0.2% in the June quarter.
Construction was the biggest boost, up 2.7%, driven by more residential building projects.
It's the largest increase in construction activity since the June 2023 quarter.
Master Builders CEO Ankit Sharma told Ryan Bridge they've been seeing steady signs of improvements in both business and consumer confidence, so it's good to see that confidence turning into real growth.
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