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The environment for investment in housing construction has changed drastically. Rising interest rates and construction costs are leading to a signifi cant decline in investment activity. This will exacerbate the shortage on the housing market, as refugees from Ukraine also require housing on a...
Persistent link: https://www.econbiz.de/10013534290
According to the German Institute for Economic Research construction volume forecast, the country’s construction industry will continue to flourish in the coming years. Companies can count on a rise in the nominal construction volume of around 7.5 percent in 2019 and 6.5 percent next year. The...
Persistent link: https://www.econbiz.de/10011955424
Sales in the construction industry will continue to increase strongly in 2022 and 2023. Overall, DIW Berlin estimates a nominal increase in construction volume of almost 13 percent in 2022 and six percent in 2023 to 585 billion euros. In 2021, construction volume increased by ten percent to 488...
Persistent link: https://www.econbiz.de/10012805712
The environment for investment in housing construction has changed drastically. Rising interest rates and construction costs are leading to a signifi cant decline in investment activity. This will exacerbate the shortage on the housing market, as refugees from Ukraine also require housing on a...
Persistent link: https://www.econbiz.de/10014001277
Persistent link: https://www.econbiz.de/10013169682
After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity utilization remains high; employment growth is...
Persistent link: https://www.econbiz.de/10012016596
The global economy is holding steady amidst uncertainty, although subdued export and investment growth in some places is already proving the extent to which protectionism and the unresolved trade conflicts are negatively affecting the economy. Contributing to the uncertainty is the continued...
Persistent link: https://www.econbiz.de/10012016606
The ongoing trade conflicts initiated by the US and the uncertainty surrounding Brexit are negatively affecting the global economy. Global trade and investment activity, and thus in many places industrial output, are the areas most impacted. Consumption, however, is continuing to support the...
Persistent link: https://www.econbiz.de/10012110800
The slowdown in the global economy and the uncertainties caused by Brexit have affected the export-oriented German economy, which is expected to grow by only 0.5 percent this year. However, the German economy has not slid into a crisis due to marked fiscal policy stimuli and favorable...
Persistent link: https://www.econbiz.de/10012110811
The German economy is in the midst of a robust economic cycle: the number of employed persons has reached historic highs and is still increasing powerfully; private household income is on the rise; and the public coffers are overflowing. Inflation is rising only gradually, partly because...
Persistent link: https://www.econbiz.de/10011664708