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97th Euroconstruct Conference: European Construction Market Outlook until 2026 – Austrian Construction Market Development. Country Report Austria

Author

Listed:
  • Michael Klien
  • Michael Weingärtler

    (WIFO)

Abstract

Austria's overall economic performance remains close to stagnation in 2024, with no significant growth impulses. Construction is under particular pressure from monetary policy and is expected to fall sharply in Austria in 2024, following a significant decline in 2023. Residential construction is at the centre of the current crisis in the construction industry. Slight improvements, also supported by the recent housing stimulus, are not likely until 2025 and 2026.

Suggested Citation

  • Michael Klien & Michael Weingärtler, 2024. "97th Euroconstruct Conference: European Construction Market Outlook until 2026 – Austrian Construction Market Development. Country Report Austria," WIFO Studies, WIFO, number 53380960.
    • Handle: RePEc:wfo:wstudy:53380960
    as

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