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January 28, 2019
Growth in the European construction sector to slow down by 2021
Euroconstruct sees its growth forecast for the European construction industry from 2019 to 2021 as falling. The growth peak for Europe as a whole was already achieved in 2017 with a 4.1% increase in production. In 2018, growth had already shrunk to 2.8% for the first time. By 2021, according to Euroconstruct, construction volume growth will continue to decline by around 1.6% per year. Compared to the pre-crisis year 2007, the market volume of the 19 Euroconstruct countries (EC19) will be still down by 15% in 2021. But if you exclude the ...
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