Construction Industry: Small Rise in Output, Good Prospects

IndustrialsConstruction ♦ Published: March 30, 2012; 11:26 ♦ (Vindobona)

The Austrian construction industry recorded an increase in volume of orders by 10.2% at the end of December 2011. Output of construction of buildings and civil engineering rose by 2.9% from January to December 2011.

Construction Industry: Small Rise in Output, Good Prospects / Picture: © Vindobona.org

At the end of December 2011, Austrian construction companies (not including construction auxiliary trades) had an order book totalling about € 6.5bn (+10.2% y. o. y.), according to calculations by Statistics Austria.

In civil engineering – which constitutes 59.5% or € 3.9bn of the overall volume of outstanding orders – orders increased by 38.4% compared to the…