{"id":52565,"date":"2023-12-01T17:53:18","date_gmt":"2023-12-01T16:53:18","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/86th-euroconstruct-conference-european-construction-market-outlook-until-2021-less-dynamics-in-austrian-construction-market-after-peak-in-2017-country-report-austria\/"},"modified":"2024-11-19T10:22:06","modified_gmt":"2024-11-19T09:22:06","slug":"86th-euroconstruct-conference-european-construction-market-outlook-until-2021-less-dynamics-in-austrian-construction-market-after-peak-in-2017-country-report-austria","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/52565\/","title":{"rendered":"86th Euroconstruct Conference: European Construction Market Outlook until 2021 \u2013 Less Dynamics in Austrian Construction Market After Peak in 2017. Country Report Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-52565","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Austria continues to face a favourable economic development in 2018, with a GDP growth rate above the EU average (+3.0 percent according to the latest WIFO short-term forecast). However, following increasing uncertainty which may hamper international trade, economic dynamics are expected to slow down notably in 2019. Business expectations of Austrian construction firms keep improving, which is mirrored in ongoing, albeit slowing down, growth in construction output after the growth peak in 2017. In upcoming years, output is expected to grow in all construction segments. In 2018, residential construction will still be the growth driver, however. After 2019, the civil engineering segment is expected to pick up speed. The non-residential construction segment is also expected to grow steadily until 2021, at slowly declining pace.","onlinedate":"2018-11-28 12:00:00","lang":"English","publication_series":"","publication_date":"20181101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"30","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":417231,"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":"2018-11-28 12:00:00","types":[81966],"research_groups":[3481],"collaboration":"","persons":[3478,4155,3731],"persons_data":"[{\"personId\":3478,\"personName\":\"Julia Bachtr\u00f6gler\",\"organisationNames\":[]},{\"personId\":4155,\"personName\":\"Michael Weing\u00e4rtler\",\"organisationNames\":[]},{\"personId\":3731,\"personName\":\"Michael Klien\",\"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":"[]","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) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>86th Euroconstruct Conference: European Construction Market Outlook until 2021 \u2013 Less Dynamics in Austrian Construction Market After Peak in 2017. Country Report Austria - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/52565\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"86th Euroconstruct Conference: European Construction Market Outlook until 2021 \u2013 Less Dynamics in Austrian Construction Market After Peak in 2017. 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