{"id":442021,"date":"2026-02-20T14:38:50","date_gmt":"2026-02-20T13:38:50","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/442021\/"},"modified":"2026-02-20T14:38:50","modified_gmt":"2026-02-20T13:38:50","slug":"european-construction-set-for-gradual-recovery","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/442021\/","title":{"rendered":"European Construction Set for Gradual Recovery"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-442021","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Euroconstruct Forecast until 2028","text":"The European construction industry experienced a period of weak performance in 2024 (\u20131.7 percent) and 2025 (+0.3 percent). High interest rates, buoyant inflation and rising construction costs were painful especially for residential construction. The Euroconstruct network anticipates a recovery in 2026 (+2.4 percent), which is expected to continue in 2027 and 2028. Civil engineering remains the strongest growth sector, driven by investment in energy infrastructure and rail transport. Austria exhibits a similar but delayed pattern: real construction investment contracted by 5.2 percent in 2024 and by 0.8 percent in 2025. For 2026, only a sideways movement of +0.2 percent is expected (2027-28 +1 percent p.a.). Fiscal consolidation will increasingly hit civil engineering. In residential construction, however, stabilisation is emerging (+0.5 percent after \u20131.6 percent in 2025).","onlinedate":"2026-02-20 13:38:51","lang":"German","publication_series":"","publication_date":"20260220","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E23\",\"L74\",\"R21\",\"R31\"]","related_publications":"[\"f9b72406-fd57-4088-9e3b-16d24755a18d\",\"2980b64a-7cf7-4a69-bf99-025de794d66f\",\"3d7d6a8a-0fad-4b89-81be-ba82dbaf389d\",\"3ac9b3d5-1cd0-4e0d-b38f-a444a920ca2f\"]","pdf":442024,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"99","monthly_report_pages":"83-94","monthly_report_pages_sort":"83","issue":"2","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"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":"","scientific_assistance":"[]","scientific_review":"[\"Streicher Gerhard\"]","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 v27.3 (Yoast SEO v27.3) - 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