European construction
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Dynamic recovery in European construction in 2021 and 2022, says Euroconstruct
According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a more moderate decline than expected six months ago. Also, the final results for the current year as well as the new short-term forecast have been improved, even though slowing down in the mid-term. The synchronic international recovery, the use of infrastructure works as a classic fiscal policy measure, the introduction of generous incentives for building renovation and upgrade, are some of the sectorial factors that support the positive outlook and its overall improvement, in a more general context of economic upswing and confidence index growing in all countries. The level of construction output in 2021 is set at 1,740 billion euros that, after the difficult year 2020, already represents a fully recovered loss, thanks to an important leap of 5.6%. At a country... Continue reading
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February 2, 2022
Dynamic recovery in European construction in 2021 and 2022, says Euroconstruct
According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a more moderate decline than expected six months ago. Also, the final results for the current year as well as the new short-term forecast have been improved, even though slowing down in the mid-term. The synchronic international recovery, the use of infrastructure works as a classic fiscal policy measure, the introduction of generous incentives for building renovation and upgrade, are some of the sectorial factors that support the positive outlook and its overall improvement, in a more general context of economic upswing and confidence index growing in all countries. The level of construction output in 2021 is set at 1,740 billion euros that, after the difficult year 2020, already represents a fully recovered loss, thanks to an important leap of 5.6%. At a country... Continue reading
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February 2, 2022
Dynamic recovery in European construction in 2021 and 2022, says Euroconstruct
According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a more moderate decline than expected six months ago. Also, the final results for the current year as well as the new short-term forecast have been improved, even though slowing down in the mid-term. The synchronic international recovery, the use of infrastructure works as a classic fiscal policy measure, the introduction of generous incentives for building renovation and upgrade, are some of the sectorial factors that support the positive outlook and its overall improvement, in a more general context of economic upswing and confidence index growing in all countries. The level of construction output in 2021 is set at 1,740 billion euros that, after the difficult year 2020, already represents a fully recovered loss, thanks to an important leap of 5.6%. At a country... Continue reading