The seasonally adjusted Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 6.2 points to 5 0.1 points in March. This indicated the slightest of expansions across the construction industry following four months of contracting conditions. Australian PCI® data for March revealed a solid improvement in the new orders sub - index which returned to expa nsion (i.e. above 50 points) for the first time in the five months . Encouragingly, d eliveries from suppliers also expanded in March while the activity sub - index contracted at its slowest ... (full story)