{"id":438673,"date":"2025-12-16T18:37:36","date_gmt":"2025-12-16T17:37:36","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/438673\/"},"modified":"2025-12-16T18:37:36","modified_gmt":"2025-12-16T17:37:36","slug":"100th-euroconstruct-conference-european-construction-market-outlook-until-2028-austrian-construction-market-development-country-report-austria","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/438673\/","title":{"rendered":"100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. Country Report Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-438673","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Following a two-year recession, Austria's economy shows signs of fragile recovery with modest GDP growth projected for 2025-2026. The downturn was driven by the energy price shock, weak external demand \u2013 particularly from Germany \u2013 restrictive monetary policy, and U.S. tariff impacts. Private consumption leads the recovery, while investment remains subdued before gradual improvement. Inflation re-accelerates in 2025 due to expiring energy caps before easing, and unemployment peaks before declining slightly. The construction sector shows mixed dynamics: residential construction stabilizes as ECB rate cuts lower financing costs, with building permits rising. Non-residential construction faces continued contraction due to weak demand and high financing costs. Civil engineering, previously resilient, now confronts significant fiscal constraints, with investment growth slowing sharply and projected to decline. Large budget deficits necessitate consolidation measures that weigh on public infrastructure investment and overall growth prospects.","onlinedate":"2025-12-16 17:37:37","lang":"English","publication_series":"","publication_date":"20251125","publication_date_year":"","publication_date_full":true,"publication_num_pages":"37","keywords":"[\"Austria\",\"Construction\",\"Housing\",\"Non-Residential\",\"Civil Engineering\",\"Economy\",\"Forecasts\"]","jelcodes":"[\"E32\",\"L74\",\"R31\",\"E22\"]","related_publications":"[]","pdf":null,"zip":null,"link":"https:\/\/www.euroconstruct.org","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> (2025). <span><em>100th Euroconstruct Conference: European Construction Market Outlook until 2028 \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>100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/span><\\\/span>. WIFO; 2025.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{af53169a9d004d4ea70a573fc4008dd7,<\\\/div><div>  title    = \\\"100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. Country Report Austria\\\",<\\\/div><div>  abstract = \\\"Following a two-year recession, Austria's economy shows signs of fragile recovery with modest GDP growth projected for 2025-2026. The downturn was driven by the energy price shock, weak external demand \u2013 particularly from Germany \u2013 restrictive monetary policy, and U.S. tariff impacts. Private consumption leads the recovery, while investment remains subdued before gradual improvement. Inflation re-accelerates in 2025 due to expiring energy caps before easing, and unemployment peaks before declining slightly. The construction sector shows mixed dynamics: residential construction stabilizes as ECB rate cuts lower financing costs, with building permits rising. Non-residential construction faces continued contraction due to weak demand and high financing costs. Civil engineering, previously resilient, now confronts significant fiscal constraints, with investment growth slowing sharply and projected to decline. Large budget deficits necessitate consolidation measures that weigh on public infrastructure investment and overall growth prospects.\\\",<\\\/div><div>  keywords = \\\"Austria, Construction, Housing, Non-Residential, Civil Engineering, Economy, Forecasts, {\\\\\\\"O}sterreich, Bauwesen, Wohnbau, Hochbau, Tiefbau, Prognose\\\",<\\\/div><div>  author   = \\\"Michael Klien and Michael Weing{\\\\\\\"a}rtler\\\",<\\\/div><div>  year     = \\\"2025\\\",<\\\/div><div>  month    = nov,<\\\/div><div>  day      = \\\"25\\\",<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  note     = \\\"100th Euroconstruct Conference: European Construction Market Forecasts to 2028 and Macroeconomic Projections : Reinventing the Construction Industry, 100th EC-Conference ; Conference date: 24-11-2025 Through 25-11-2025\\\",<\\\/div><div>  url      = \\\"https:\\\/\\\/www.euroconstruct.org\\\/conference\\\/100th-euroconstruct-conference\\\/\\\",<\\\/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  - 100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/p><p>AU  - Klien, Michael<\\\/p><p>AU  - Weing\u00e4rtler, Michael<\\\/p><p>N1  - Conference code: 100<\\\/p><p>PY  - 2025\\\/11\\\/25<\\\/p><p>Y1  - 2025\\\/11\\\/25<\\\/p><p>N2  - Following a two-year recession, Austria's economy shows signs of fragile recovery with modest GDP growth projected for 2025-2026. The downturn was driven by the energy price shock, weak external demand \u2013 particularly from Germany \u2013 restrictive monetary policy, and U.S. tariff impacts. Private consumption leads the recovery, while investment remains subdued before gradual improvement. Inflation re-accelerates in 2025 due to expiring energy caps before easing, and unemployment peaks before declining slightly. The construction sector shows mixed dynamics: residential construction stabilizes as ECB rate cuts lower financing costs, with building permits rising. Non-residential construction faces continued contraction due to weak demand and high financing costs. Civil engineering, previously resilient, now confronts significant fiscal constraints, with investment growth slowing sharply and projected to decline. Large budget deficits necessitate consolidation measures that weigh on public infrastructure investment and overall growth prospects.<\\\/p><p>AB  - Following a two-year recession, Austria's economy shows signs of fragile recovery with modest GDP growth projected for 2025-2026. The downturn was driven by the energy price shock, weak external demand \u2013 particularly from Germany \u2013 restrictive monetary policy, and U.S. tariff impacts. Private consumption leads the recovery, while investment remains subdued before gradual improvement. Inflation re-accelerates in 2025 due to expiring energy caps before easing, and unemployment peaks before declining slightly. The construction sector shows mixed dynamics: residential construction stabilizes as ECB rate cuts lower financing costs, with building permits rising. Non-residential construction faces continued contraction due to weak demand and high financing costs. Civil engineering, previously resilient, now confronts significant fiscal constraints, with investment growth slowing sharply and projected to decline. Large budget deficits necessitate consolidation measures that weigh on public infrastructure investment and overall growth prospects.<\\\/p><p>KW  - Austria<\\\/p><p>KW  - Construction<\\\/p><p>KW  - Housing<\\\/p><p>KW  - Non-Residential<\\\/p><p>KW  - Civil Engineering<\\\/p><p>KW  - Economy<\\\/p><p>KW  - Forecasts<\\\/p><p>KW  - \u00d6sterreich<\\\/p><p>KW  - Bauwesen<\\\/p><p>KW  - Wohnbau<\\\/p><p>KW  - Hochbau<\\\/p><p>KW  - Tiefbau<\\\/p><p>KW  - Prognose<\\\/p><p>M3  - Study<\\\/p><p>BT  - 100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. Country Report Austria<\\\/p><p>T2  - 100th Euroconstruct Conference: European Construction Market Forecasts to 2028 and Macroeconomic Projections<\\\/p><p>Y2  - 24 November 2025 through 25 November 2025<\\\/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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>100th Euroconstruct Conference: European Construction Market Outlook until 2028 \u2013 Austrian Construction Market Development. 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