{"id":175964,"date":"2024-03-21T18:35:04","date_gmt":"2024-03-21T17:35:04","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/175964\/"},"modified":"2024-04-26T10:15:54","modified_gmt":"2024-04-26T08:15:54","slug":"96th-euroconstruct-conference-european-construction-market-outlook-until-2026-austrian-construction-market-development-country-report-austria","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/175964\/","title":{"rendered":"96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-175964","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The year 2023 was expected to be difficult for the Austrian construction industry and was characterised by a continuous deterioration of the business climate. The indicators in the WIFO-Konjunkturtest (business cycle survey) for construction already turned pessimistic at the beginning of the year and reached levels last seen in the economically weak years of 2014 and 2015. Accordingly, the downward trend in the Austrian construction industry has accelerated significantly in 2023. The WIFO Economic Outlook of October anticipates increasingly sharp declines in 2023 and 2024. Construction activity is not expected to stabilise until 2025, and real growth in residential construction is not expected to return until 2026.","onlinedate":"2023-12-06 16:01:05","lang":"English","publication_series":"","publication_date":"20231206","publication_date_year":"","publication_date_full":true,"publication_num_pages":"40","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":263508,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3481],"collaboration":"","persons":[3731,4155],"persons_data":"[{\"personId\":3731,\"personName\":\"Michael Klien\",\"organisationNames\":[]},{\"personId\":4155,\"personName\":\"Michael Weing\u00e4rtler\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\"><span>Klien, M.<\\\/span><span>, &amp; Weing\u00e4rtler, M.<\\\/span> (2023). <span><em>96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/em><\\\/span>. WIFO. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.euroconstruct.org\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.euroconstruct.org<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\"><span>Klien M<\\\/span><span>, Weing\u00e4rtler M<\\\/span>. <span class=\\\"title\\\"><span>96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/span><\\\/span>. WIFO; 2023.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{8dbe91f6ee194ebe904a927b3b75db50,<\\\/div><div>  title    = \\\"96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria\\\",<\\\/div><div>  abstract = \\\"The year 2023 was expected to be difficult for the Austrian construction industry and was characterised by a continuous deterioration of the business climate. The indicators in the WIFO-Konjunkturtest (business cycle survey) for construction already turned pessimistic at the beginning of the year and reached levels last seen in the economically weak years of 2014 and 2015. Accordingly, the downward trend in the Austrian construction industry has accelerated significantly in 2023. The WIFO Economic Outlook of October anticipates increasingly sharp declines in 2023 and 2024. Construction activity is not expected to stabilise until 2025, and real growth in residential construction is not expected to return until 2026.\\\",<\\\/div><div>  author   = \\\"Michael Klien and Michael Weing{\\\\\\\"a}rtler\\\",<\\\/div><div>  year     = \\\"2023\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  day      = \\\"6\\\",<\\\/div><div>  language = \\\"English\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - 96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/p><p>AU  - Klien, Michael<\\\/p><p>AU  - Weing\u00e4rtler, Michael<\\\/p><p>PY  - 2023\\\/12\\\/6<\\\/p><p>Y1  - 2023\\\/12\\\/6<\\\/p><p>N2  - The year 2023 was expected to be difficult for the Austrian construction industry and was characterised by a continuous deterioration of the business climate. The indicators in the WIFO-Konjunkturtest (business cycle survey) for construction already turned pessimistic at the beginning of the year and reached levels last seen in the economically weak years of 2014 and 2015. Accordingly, the downward trend in the Austrian construction industry has accelerated significantly in 2023. The WIFO Economic Outlook of October anticipates increasingly sharp declines in 2023 and 2024. Construction activity is not expected to stabilise until 2025, and real growth in residential construction is not expected to return until 2026.<\\\/p><p>AB  - The year 2023 was expected to be difficult for the Austrian construction industry and was characterised by a continuous deterioration of the business climate. The indicators in the WIFO-Konjunkturtest (business cycle survey) for construction already turned pessimistic at the beginning of the year and reached levels last seen in the economically weak years of 2014 and 2015. Accordingly, the downward trend in the Austrian construction industry has accelerated significantly in 2023. The WIFO Economic Outlook of October anticipates increasingly sharp declines in 2023 and 2024. Construction activity is not expected to stabilise until 2025, and real growth in residential construction is not expected to return until 2026.<\\\/p><p>M3  - Study<\\\/p><p>BT  - 96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>96th Euroconstruct Conference: European Construction Market Outlook until 2026 \u2013 Austrian Construction Market Development. 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