97th Euroconstruct Conference: European Construction Market Outlook until 2026 – Austrian Construction Market Development. Country Report Austria

Michael Klien and Michael Weingärtler
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Michael Weingärtler: WIFO

in WIFO Studies from WIFO

Abstract: Austria's overall economic performance remains close to stagnation in 2024, with no significant growth impulses. Construction is under particular pressure from monetary policy and is expected to fall sharply in Austria in 2024, following a significant decline in 2023. Residential construction is at the centre of the current crisis in the construction industry. Slight improvements, also supported by the recent housing stimulus, are not likely until 2025 and 2026.

Keywords: Austria; Construction; Housing; Non-Residential; Civil Engineering; Economy; Forecasts (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wstudy:53380960

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