Still Upward Trend in Austrian Construction Industry

IndustrialsConstruction ♦ Published: July 30, 2012; 15:02 ♦ (Vindobona)

Increase in volume of orders by 21.8% in civil engineering and construction of buildings at the end of April 2012. Output increased by 7.4% from January until April 2012.

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

At the end of April 2012, Austrian construction companies (not including construction auxiliary trades) had an order book totalling about €8.6bn (+21.8% y. o. y.), according to calculations by Statistics Austria.

In civil engineering – which constitutes 55.7% or €4.8bn of the overall volume of outstanding orders – orders increased by 31.5% compared to the previous…