Construction Forecasting Council The Construction Forecasting Council (CFC) analyses a range of indicators on activity levels within the Australian building and construction industry to create a better compass of the industry's direction for decision makers. The CFC is an initiative of the Australian Construction Industry Forum (AFIC), of which the Australian Institute of Building (AIB) is a member. Through the CFC website the organisation provides a tool kit of analysis and information and delivers the following outputs:
- Credible short and long-term forecasts of the construction and property sectors in terms of residential building construction activity, non-residential building construction activity, engineering construction activity and construction employment.
- Profiles of national construction activity for major projects
across Australia above AUD$50 million for
nonresidential construction and above AUD$100
million for engineering construction.
- Analysis of the factors driving supply and demand, the economic scenarios that underpin the forecasts and sensitivity analysis of the forecasts based on these variables. A set of leading indicators will be provided that will help track movements in economic conditions.
All data is readily accessible and downloadable in user-defined
charts or as raw data for further manipulation. For further
information visit www.cfc.acif.com.au
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