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Construction Output Down by 5.1%
Austrian output of construction of buildings and civil engineering decreased by 5.1% from January until March 2011. Volume of orders fell by 3.2%.
According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 2.2bn in the reporting period from January until March 2011; this corresponds to a decrease of 5.1% compared to the previous year. Breaking production down into construction sectors, opposing trends can be observed (construction of…
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