Forex Dictionary

AIG Construction Index

AIG Construction Index

Measures Level of a diffusion index based on surveyed construction companies; Usual Effect Actual > Forecast = Good for currency; Frequency Released monthly, on the fifth business day after the month ends; Next Release Oct 6, 2008 FF Notes Above 50.0 indicates industry expansion, below indicates contraction; Derived Via Survey of about 200 construction companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; Also Called Performance of Construction Index; Acronyms Australian Industry Group (AIG);