Whereas the European economy in general made very hesitant steps towards recovery in 2003, the construction industry once again lagged behind. In 2003, the real construction volume shrank by 0.2 percent in the 19 countries covered by the "Euroconstruct" research network. This decline was due...

Following the upward trend registered by the construction industry in Europe in the late 1990s (+3.5 percent in 1999, +2.5 percent in 2000), growth came to an abrupt stop in 2001, against the background of an overall economic downturn. Building production stagnated and is expected to grow at a...

The recovery of the European construction industry is being delayed considerably. Construction activity is stagnating in Western Europe, with a growth rate of no more than 0.4 percent forecast for 2003. According to the most recent results of the Euroconstruct Conference, the construction sector...

In the OECD countries, the recovery from the slump of 2001 was slow and painful. According to preliminary figures, these countries managed a growth in GDP of 1.3 percent in 2002, compared to 0.8 percent in 2001. In view of the geopolitical vagaries of the second half of 2002, demand for...

According to results from the recent WIFO investment survey, which samples some 800 firms of the manufacturing sector, the construction sector and the energy sector as well as public transport enterprises and public utilities, capital formation will be weak in 2002. Companies plan to invest €...

The Austrian manufacturing industry as well as construction, electricity, gas, water and public transport plan to invest € 10.6 billion at current prices in 2004. Total investment is expected to increase slightly by 5.8 percent compared to 2003, after a two-year decrease. In the autumn survey...

According to the results of the spring 2004 investment survey, investment in manufacturing expressed in current prices was set to grow by 6.6 percent in 2004. In the autumn 2003 investment survey, enterprises had expected their investments in 2004 to stay at the same level as in 2003. Seen...