Slow Growth in Construction Industry

Industrials › Construction ♦ Published: January 30, 2012; 14:39 ♦ (Vindobona)

Output of the Austrian construction industry rose by 1.8% in 2011. Increase in volume of orders by 11.9% in civil engineering and construction of buildings at the end of October 2011.

Slow Growth in Construction Industry / Picture: © Vindobona.org

According to calculations by Statistics Austria, Austrian building construction and civil engineering companies produced a construction output value of € 11.9bn in the reporting period from January until October 2011; this corresponds to an increase of 1.8% compared to the previous year. Breaking production down into construction sectors, opposing trends can be observed (construction…

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