Moderate Upward Trend in Austrian Construction Industry

IndustrialsConstruction ♦ Published: October 31, 2011; 09:56 ♦ (Vindobona)

Increase in volume of orders in civil engineering but decline in construction of buildings at the end of July 2011. Construction output increased by 1.0% in the first half of 2011.

Moderate Upward Trend in Austrian Construction Industry / Picture: © Vindobona.org

At the end of July 2011, Austrian construction companies (not including construction auxiliary trades) had an order book totalling about € 7.0bn (+6.2% y. o. y.), according to calculations by Statistics Austria.

In civil engineering – which constitutes 56.9% or € 4.0bn of the overall volume of outstanding orders – orders increased by 24.2% compared to the previous…