Strong Growth in Industrial and Construction Turnover

Business › Economy ♦ Published: August 30, 2011; 11:53 ♦ (Vindobona)

Positive production trends in industry and construction in May 2011; total turnover up 18.7%. Automotive industry and engineering are dominant factors.

Strong Growth in Industrial and Construction Turnover / Picture: © Vindobona.org

According to calculations by Statistics Austria, the 60,307 enterprises (-0.6% compared to the previous year) in the entire industry and construction sector turned over a total of € 21.7bn (+18.7%) in May 2011, coupled with an increasing employment (900,453 persons, +1.5%).

At establishment level, industrial production sold was above the previous year’s level and amounted to…

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