8 3 rd EUROCONSTRUCT Summary Report Figures on GDP and its composition for the years are the official estimates from the. According to a Euroconstruct report published in December , renovation accounts for 56% of the total Nordic building construction market. 76th Euroconstruct Conference: European Construction Market Outlook until – New Housing Construction Performs Well in Country Report Austria .
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EUROCONSTRUCT – PR_86
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RePEc uses bibliographic data supplied by the respective publishers. Euroconstruct expects total non-residential construction on average to increase by 1. The European construction market is reaching firmer ground. The trend in civil engineering will depend to a large extent on public expenditures, which faces increased uncertainties in light of the new government formation. Especially urban areas, all above the capital Vienna, record a strong housing construction activity.
France and Italy is having the weakest outlook were Poland and the Slovak economy could grow by as much as 3. Corrections All material on this site has been provided by the respective publishers and authors. See general information about how to correct material in RePEc.
Aggregated construction output for the EC countries fell by 2. Euroconstruct expect investments to grow on average by 1. The growth rate is weak given the low starting level but after a handful of hard and turbulent years, any sign of stability and recovery is welcome.
The adjustment is mainly a result of a brighter outlook for new civil engineering. Download full text from publisher File URL: The construction market should keep growing at 2.
77th EUROCONSTRUCT Conference 13th June 2014, Oslo
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Total civil engineering works is now expected to grow on average by 1. The outlook for non-residential construction is less favourable.
Performance will remain strong, yet decelerate over the reporf years. Pascal Marlier france euroconstruct. Considering the public budget constraints and high debt levels the outlook will be modest within the next years. There are big differences within the EC countries.
Even if the volume of construction works should grow as projected in the forecasting period, output and capacity utilization in the European construction sector as a whole will remain at near-depression levels.
Non-residential construction As a whole, non-residential construction output new and renovation is growing at a pace of 1. Ireland and Poland could see an average growth of 9 percent and 6 percent respectively in —measured at constant prices. Send us your opinion or share on: General contact details of provider: The UK, Denmark and Hungary are also among the fast growing construction markets, with average growth rates of rfport a year.
Among the three construction sectors, Austria’s housing market performed best in Austria shows more economic stability than the Euro Area. Then Poland, Norway and Switzerland have the highest relative level, while Spain, Ireland and Portugal are at the bottom of the table.
The current economic framework for civil engineering is least favourable, showing euroconstruc decline of 0. More about this item Statistics Access and download statistics.
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Additionally, essential background information and an overview of the macroeconomic situation are provided. Inflation is low and the recovery will most likely be a protracted one, as high unemployment and debt, low investment, tight credit, and financial fragmentation in the Euro area continue to dampen domestic demand.