Construction Output Increased by 1.5% from January to August

BusinessEconomy ♦ Published: November 30, 2011; 10:25 ♦ (Vindobona)

Construction of buildings was up by 6.8% while output in civil engineering declined by 6.6%. Volume of orders increased by 6.9%.

Construction Output Increased by 1.5% from January to August / Picture: © Vindobona.org

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 8.9bn in the reporting period from January until August 2011; this corresponds to an increase of 1.5% compared to the previous year. Breaking production down into construction sectors, opposing trends can be observed (construction of…