{"id":54857,"date":"2023-12-01T18:28:54","date_gmt":"2023-12-01T17:28:54","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/89th-euroconstruct-conference-european-construction-market-outlook-until-2022-austrian-construction-market-in-the-shadow-of-the-covid-19-pandemic-country-report-austria\/"},"modified":"2024-11-07T06:19:01","modified_gmt":"2024-11-07T05:19:01","slug":"89th-euroconstruct-conference-european-construction-market-outlook-until-2022-austrian-construction-market-in-the-shadow-of-the-covid-19-pandemic-country-report-austria","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/54857\/","title":{"rendered":"89th Euroconstruct Conference: European Construction Market Outlook until 2022 \u2013 Austrian Construction Market in the Shadow of the COVID-19 Pandemic. Country Report Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-54857","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The soft landing of the Austrian economy was abruptly ended by the deep recession caused by the COVID-19 pandemic and the policy restrictions to contain it. Despite this external shock, the general conditions for the Austrian construction industry are not all pessimistic. Even after peaking in 2018, the industry produced growth rates well above 2 percent before the COVID-19 pandemic, with a large backlog of orders for 2020. Although the construction industry will be in recession in 2020, the output drop is less pronounced than in other sectors. Moreover, currently demand has suffered only to a lower extent, which means that the recovery can begin as early as the second half of 2020.","onlinedate":"2020-07-30 12:00:00","lang":"English","publication_series":"","publication_date":"20200601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"30","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":383643,"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":"2020-07-30 12:00:00","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> (2020). <span><em>89th Euroconstruct Conference: European Construction Market Outlook until 2022 \u2013 Austrian Construction Market in the Shadow of the COVID-19 Pandemic. 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>89th Euroconstruct Conference: European Construction Market Outlook until 2022 \u2013 Austrian Construction Market in the Shadow of the COVID-19 Pandemic. Country Report Austria<\\\/span><\\\/span>. WIFO; 2020.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{f250b0d1982d4e52b3370ef45f09871c,<\\\/div><div>  title    = \\\"89th Euroconstruct Conference: European Construction Market Outlook until 2022 \u2013 Austrian Construction Market in the Shadow of the COVID-19 Pandemic. Country Report Austria\\\",<\\\/div><div>  abstract = \\\"The soft landing of the Austrian economy was abruptly ended by the deep recession caused by the COVID-19 pandemic and the policy restrictions to contain it. Despite this external shock, the general conditions for the Austrian construction industry are not all pessimistic. Even after peaking in 2018, the industry produced growth rates well above 2 percent before the COVID-19 pandemic, with a large backlog of orders for 2020. Although the construction industry will be in recession in 2020, the output drop is less pronounced than in other sectors. Moreover, currently demand has suffered only to a lower extent, which means that the recovery can begin as early as the second half of 2020.\\\",<\\\/div><div>  author   = \\\"Michael Klien and Michael Weing{\\\\\\\"a}rtler\\\",<\\\/div><div>  note     = \\\"89th Euroconstruct Conference: Country Report Austria\\\",<\\\/div><div>  year     = \\\"2020\\\",<\\\/div><div>  month    = jun,<\\\/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  - 89th Euroconstruct Conference: European Construction Market Outlook until 2022 \u2013 Austrian Construction Market in the Shadow of the COVID-19 Pandemic. Country Report Austria<\\\/p><p>AU  - Klien, Michael<\\\/p><p>AU  - Weing\u00e4rtler, Michael<\\\/p><p>N1  - 89th Euroconstruct Conference: Country Report Austria<\\\/p><p>PY  - 2020\\\/6<\\\/p><p>Y1  - 2020\\\/6<\\\/p><p>N2  - The soft landing of the Austrian economy was abruptly ended by the deep recession caused by the COVID-19 pandemic and the policy restrictions to contain it. Despite this external shock, the general conditions for the Austrian construction industry are not all pessimistic. Even after peaking in 2018, the industry produced growth rates well above 2 percent before the COVID-19 pandemic, with a large backlog of orders for 2020. Although the construction industry will be in recession in 2020, the output drop is less pronounced than in other sectors. 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