Strong Growth in Industrial Sector

BusinessEconomy ♦ Published: January 30, 2012; 15:22 ♦ (Vindobona)

Positive production trends in Austrian industry and construction sector in October 2011. Turnover was up by 9.3%.

Strong Growth in Industrial Sector / Picture: © Vindobona.org

According to calculations by Statistics Austria, the 60 231 enterprises (-0.4% compared to the previous year) in the entire industry and construction sector turned over a total of € 22.1bn (+9.3%) in October 2011, coupled with an increasing employment (916 868 persons, +1.8%).

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