Decreasing Output and Order Intake in Austrian Construction Industry

BusinessEconomy ♦ Published: February 1, 2011; 00:20 ♦ (Vindobona)

Output of construction of buildings and civil engineering decreasing by 4.1% from January to October 2010.

Decreasing Output and Order Intake in Austrian Construction Industry / Picture: © Vindobona.org

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 11.7bn in the reporting period from January to October 2010 (a decrease of 4.1% compared to the previous year). The output decreased both in construction of buildings (-1.0%) as well as in civil engineering (-7.8%). Sales in…