Growth in Industrial and Construction Turnover Slows Down

BusinessEconomy ♦ Published: September 29, 2011; 10:21 ♦ (Vindobona)

Opposing production trends in industry and construction in June 2011; turnover +4.5%. Energy supply and metal industry are dominant factors.

Growth in Industrial and Construction Turnover Slows Down / Picture: © Vindobona.org

According to calculations by Statistics Austria, the 60,288 enterprises (-0.6% compared to the previous year) in the entire industry and construction sector turned over a total of € 20.6bn (+4.5%) in June 2011, coupled with an increasing employment (903,662 persons, +1.4%).

At establishment level, industrial production sold was above the previous year’s level and amounted to…