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Austrian Construction Industry: Growing Output, Shrinking Order Volume
Increase in volume of orders by 22.5% in civil engineering and construction of buildings at the end of May 2012.
Austrian Construction Industry: Growing Output, Shrinking Order Volume / Picture: © Vindobona.org
At the end of May 2012, Austrian construction companies (not including construction auxiliary trades) had an order book totalling about €8.7 bn (+22.5% y. o. y.), according to calculations by Statistics Austria.
In civil engineering – which constitutes 56.9% or €4.9 bn of the overall volume of outstanding orders – orders increased by 37.7% compared to the previous…
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