In 2006, the boom in the construction industry contributed substantially to the economic upswing in Europe. After an annually growth rate of 3.8 percent in real terms in 2006, the pace of new construction slowed down in 2007 (+2.0 percent) throughout the 19 Euroconstruct countries in 2007....

In line with the overall cyclical trend, demand for construction is set to pick up gradually in western Europe in 1997. After a fall in output of about 1 percent last year, a rebound of similar magnitude is expected for the current year. The recovery should be driven by renovation works and...

In the late 1990s, the construction industry was picking up momentum for the first time in many years. The 15 Euroconstruct countries achieved a real production growth rate of 3 percent in 1999, a substantial improvement over the 0.8 percent rate of 1997 and 1998. The expansion will slow down...