Conditions within the Australian construction industry dipped slightly in March as weak activity in apartment building and deteriorating conditions in civil construction offset continued strength in housing and increasing momentum in commercial building, the latest report suggests.

Despite rising 2.0 points during the month, the Australian Industry Group (Ai Group)/Housing Industry Association (HIA) Performance of Construction Index (Australian PCI®) came in slightly below the 50.0 mark separating improving conditions overall from deteriorating conditions in March at 46.2, meaning that overall conditions within the industry deteriorated slightly during…