So far in 1997 there have already been some indications that the pace of growth is picking up, particularly in areas of construction investment, housing and consumer spending. (rba.gov.au)
Export volumes fell, as did construction investment. (breakingviews.com)
While construction investment continues to be weighed down by the ongoing weakness in property markets throughout the region, the strength in the region's exports has led to the need for increased equipment investment in export - focused industries, despite the existence of excess capacity in other sectors. (rba.gov.au)