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74th Euroconstruct Conference: European Construction Market Outlook until 2015 – Austrian Construction Performs Above Average. Country Report Austria

Author

Listed:
  • Andrea Kunnert

    (WIFO)

  • Michael Weingärtler

    (WIFO)

Abstract

Austria's construction outlook is more favourable compared to the Euroconstruct area as a total. Nevertheless overall growth expectations will be at very low rates of about 1 percent throughout the forecast period 2013-2015. The housing sector is expected to benefit from renovation and modernisation activities (+1.5 percent) while new housing will grow well below 1 percent within the next years. Civil engineering is expected to decline in 2013 (–0.6 percent) and it is expected to recover throughout the forecast period to 2015. – The Euroconstruct Country Report for Austria gives in-depth information on the Austrian construction market until 2015. 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.

Suggested Citation

  • Andrea Kunnert & Michael Weingärtler, 2012. "74th Euroconstruct Conference: European Construction Market Outlook until 2015 – Austrian Construction Performs Above Average. Country Report Austria," WIFO Studies, WIFO, number 46050.
    • Handle: RePEc:wfo:wstudy:46050
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    File URL: https://www.wifo.ac.at/wwa/pubid/46050
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