Decreasing Output in Austria´s Construction Industry

IndustrialsConstruction ♦ Published: April 2, 2011; 07:23 ♦ (Vindobona)

Output of construction of buildings and civil engineering decreasing by 4.7% from January to December 2010. Volume of orders increasing by 0.3% at the end of December 2010.

Decreasing Output in Austria´s Construction Industry / Picture: © Vindobona.org

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 14.3bn in the reporting period from January to December 2010 (a decrease of 4.7% compared to the previous year). The output decreased both in construction of buildings (-2.0%) and in civil engineering (-8.4%). Data from construction…