IDEAS home Printed from https://ideas.repec.org/b/wfo/wstudy/69700.html
   My bibliography  Save this book

93rd Euroconstruct Conference: European Construction Market Outlook until 2024 – Austrian Construction Market Development. Country Report Austria

Author

Listed:
  • Michael Klien
  • Michael Weingärtler

    (WIFO)

Abstract

The recent Euroconstruct forecasts indicate a noticeable weakening of construction activity from 2022 onwards for Austria and Europe. Although the order situation in Austria remains strong, the assessment has changed significantly since the beginning of the year. While the Austrian construction industry survived the immediate COVID-19 crisis relatively unscathed, the sector has been struggling with ongoing construction cost problems since the exceptionally rapid recovery in 2021. The construction industry has been particularly affected by price increases in essential commodities such as steel and oil. Economic uncertainty is also increasing, further dampening the construction outlook until 2024.

Suggested Citation

  • Michael Klien & Michael Weingärtler, 2022. "93rd Euroconstruct Conference: European Construction Market Outlook until 2024 – Austrian Construction Market Development. Country Report Austria," WIFO Studies, WIFO, number 69700, April.
    • Handle: RePEc:wfo:wstudy:69700
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/69700
    File Function: abstract
    Download Restriction: no
    ---><---

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wstudy:69700. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.