Economic activity in construction 2015-2018 and outlook

The study analyses the recent economic activity in Austria's construction industry. The focus is on the period 2015 to 2018 with an outlook until 2022. The analysis of the evolution of construction prices focusses on civil engineering. In addition to cost as potential drivers, we look at main indicators of economic activity such as investment, production, and employment. Moreover, the study analyses business sentiment as measured by WIFO-Konjunkturtest.