Sales Drops in Austrian Construction Industry

BusinessEconomy ♦ Published: December 31, 2010; 15:09 ♦ (Vindobona)

The construction output value in building construction and engineering decreased by 3.5% from January to September 2010. The order situation is also deteriorating.

Sales Drops in Austrian Construction Industry / Picture: ©

From January to September 2010, Austrian construction and civil engineering companies registered a construction output value of € 10.3bn, according to calculations made by Statistik Austria. This means a decline of 3.5% compared with the previous year. Civil engineering suffered a significantly more pronounced decline (€ 4.1bn and -6.8%) than building construction (€ 5.6bn and…