Slight Increase in Construction Output

BusinessEconomy ♦ Published: August 30, 2011; 11:31 ♦ (Vindobona)

Austrian output of construction of buildings and civil engineering increased by 1.9% in the period from January to May 2011. Volume of orders grew 7.9%.

Slight Increase in Construction Output / Picture: © Vindobona.org

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 4.7bn in the reporting period from January until May 2011; this corresponds to an increase of 1.9% compared to the previous year. Breaking production down into construction sectors, opposing trends can be observed (construction of…