FXStreet (Bali) - Australia's AIG construction PMI for the month of May improved to 46.7 vs 45.9 last.

Official release

Despite nine months of successive expansion in house building and improvements in apartment construction, the national construction industry remained in negative territory in May. The latest Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) recorded 46.7 in the month - a lift of 0.8 points on Aprils reading (readings below 50 indicate a contraction in activity).

While house building was 54.4 and apartment building increased 7.0 points to 64.9, commercial construction contracted (albeit at a slower rate) at 49.7 and engineering construction fell further - registering 34.8. There were reductions in the rate of contraction in employment (up 3.8 to 47.1) and deliveries (up 3.1 to 47.0) however, wages (59.1) and input prices (66.1) remain high.

Australian Industry Group Director - Public Policy, Peter Burn, said: "The rebalancing of the construction sector is gathering pace with a further decline in engineering construction in May partially offset by healthy expansions in house and apartment building. Encouragingly, new orders in these residential sub-sectors are also on the rise although the easing of residential building approvals in recent months may temper medium-term expectations. Commercial construction on the other hand is struggling to sustain momentum after some promising signs earlier in the year. The sector was still shy of growth in May and new orders for commercial construction work fell. Engineering construction continued its drop in the wake of the mining-investment boom leaving plenty of capacity for an expansion of other infrastructure activity," Dr Burn said.

Housing Industry Association Chief Economist, Harley Dale, said: "We can take some heart from the latest Australian PCI results. A contraction in engineering construction is hardly surprising, but commercial construction is very close to expansion mode, house building continues to expand, and apartments posted their best result in seven months. Further growth in residential construction activity in 2014 will be important for the Australian economy given the positive flow-through such expansion has to segments of Australias manufacturing, supplier, and retailing sectors. The Australian PCI indicates we will get this outcome. It would be pleasing to see evidence emerge of growth in commercial construction and upcoming Australian PCI updates will provide a handy early news lead in this regard," Mr Dale said.

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Australian construction PMI improves, still in contraction territory

Paths, Patios And Driveways - Mid Devon Paving
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Houston, Texas (PRWEB) June 06, 2014

For more than 30 years, Wood Crafters has been one of the premier home improvement companies in the Houston metropolitan area. Recently, it announced the introduction of new services for homeowners who wish to add patios or porches.

Outdoor features are very popular with homeowners, particularly in Houston, where the summers are hotter. Some residential clients like to expand the exteriors of their homes for outdoor dining, recreation, or relaxation, when the weather is more favorable. To this end, Wood Crafters provides a professional staff that advises potential customers on the best solution for their design and budget needs.

A construction external to the walls of the back of the house, patios are perfect for holding a barbecue party. Wood Crafters, in particular, can design and build covered patios, which includes roofed structures to serve as shades from the punishing rays of the sun. Customers may also opt for a patio that stays independent from the building, but still remains in the backyard.

Porches, which are extensions of the front of the house, can also be open or covered. The covered option, however, is popular because of the sun protection it provides, especially if house occupants are sitting for minutes and hours there, chatting and relaxing. Another popular option is the pergola, which is like a more elaborate porch. It acts like a pathway, so it is ideal for homeowners who have gardens or pools at the front of the premises.

Wood Crafters advises customers on the most cost-effective or affordable solution to their patio and porch addition needs. For instance, while using wood to build patios and porches is cheaper, it is nowhere as durable as concrete, brick or stone. Similarly, customers can go with a deck to protect trees, while patio is a great choice for customers who want to avoid as much maintenance as possible.

About WoodCrafters: Founded in 1981 by woodworking veteran Bill Bunch, Wood Crafters specializes in a variety of home improvement services for the Houston metropolitan area. Besides patios and porches, Wood Crafters oversee the construction of residential features like pergolas, docks, balconies, waterscapes, outdoor kitchens, pavements, and fireplaces. Notable clients include athletes from the Houston Astros, Houston Oilers, and Houston Texans. In addition to an excellent A+ rating from the Better Business Bureau, Wood Crafters has been featured on Extreme Makeover Home Edition, and it just recently celebrated its 33rd anniversary in business. The company is headquartered at 10010 Thurleigh A, Houston, Texas 77031. For more information or to request services, Wood Crafters can be contacted by dialing 713-433-6026.

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Wood Crafters Announces New Patio and Porch Addition Services

Houston, Texas (PRWEB) June 06, 2014

Home Exterior Systems has been one of the premier home improvement companies in the Houston metropolitan area for the past 10 years. And now, the Houston-based company is introducing a brand-new patio service for residents who wish to expand their backyards for the summertime.

Traditional untreated wooden patios are generally less expensive initial to install, but degrade quickly under inclement weather and harsh sun. They are subject to dry rot and sloping if improperly installed. Adjoining the back of the house and stretching into the backyard, the patio usually consists of a stone or concrete pavement. Some customers can opt for a roofed structure made of wood for protection against the sun, especially during really hot days.

Outdoor wooden structures are exposed to the outdoor elements, such as rain, snow, and insects, all of which can wear them down over time. Home Exterior Systems can chemically treat the wood used to construct the patio, so that it becomes more durable. However, there's also the option of getting a stone or concrete roofed structure instead. Not only does that option eliminate chemical-based wood treatment, but it also presents much greater durability.

An alternative to the patio is the deck: a wooden, slightly elevated extension of the house's backyard. Home Exterior Services can construct one for customers who want a less expensive option and wish to cut down the expense of patio maintenance.

Home Exterior Systems consists of a team of experienced home improvement professionals who can advise potential customers on the best patio or deck solution for them. Homeowners who are interested can call the company, or send an email by using the contact form or email address at the company's Contact Us webpage.

About Home Exterior Services: Founded by 15-year veteran Jay Sanchez in 2003, Home Exterior Systems has been providing the Houston metropolitan area with a vast array of home improvement services for the past decade. Products and services include roofing, windows and doors, decks and patios, gutter repair and replacement, power washing, and HardiePlank lap siding. Home Exterior Systems recently won a 2014 Best of Houzz designation for service. The company is also a recipient of the 2013 Super Service Award from Angie's List and an Award of Excellence from the Better Business Bureau. Jay Sanchez himself received the prestigious Service Magic 2010 Home Pro Award for his years of outstanding service in the Houston area. For more information, customers can call 281-542-9577.

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Home Exterior Systems Announces New Houston Patio Cover Services

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Carpet King FREE BASIC Carpet Installation!!!

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