73rd Euroconstruct Conference: European Sovereign Debt Crisis Causes Euroconstruct to Downgrade its Construction Forecasts – Austrian Construction Market Faces Moderate Growth Prospects Until 2014 (Country Report Austria)
While the construction market in the 19 Euroconstruct countries is facing a considerable decline in 2012, the Austrian construction market is growing slightly. Throughout the forecast horizon, the construction outlook for Austria is positive, although the growth rates will be well below 1 percent. T...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | WIFO Studies |
| Hauptverfasser: | , |
| Format: | book |
| Sprache: | Englisch |
| Veröffentlicht: |
2012
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| Zusammenfassung: | While the construction market in the 19 Euroconstruct countries is facing a considerable decline in 2012, the Austrian construction market is growing slightly. Throughout the forecast horizon, the construction outlook for Austria is positive, although the growth rates will be well below 1 percent. The market moves into two different directions: while the building segment (residential and non-residential) is a driver of growth, the civil engineering sector will decline over the next few years. The Euroconstruct Country Report for Austria gives in-depth information on the Austrian construction market until 2014. It covers in detail the housing market, the non-residential sector and civil engineering (new and renovation, respectively). Additionally, essential background information and an overview of the macroeconomic situation are provided. |
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