Good Outlook for Austrian Construction Industry

IndustrialsConstruction ♦ Published: September 28, 2012; 13:21 ♦ (Vindobona)

Positive production trends in industry and construction in June 2012; turnover +7.9%. Output was up by 4.8% in the first six months of 2012. Orders grew substantially.

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of €6.4 bn in the reporting period from January until June 2012; this corresponds to an increase of 4.8% compared to the previous year. The output increased both in construction of buildings (+7.8%) and in civil engineering (+1.0%).…