{"id":55885,"date":"2023-12-01T18:51:53","date_gmt":"2023-12-01T17:51:53","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/covid-19-krise-fuehrt-zu-tiefer-rezession-im-europaeischen-bauwesen-euroconstruct-prognose-bis-2023\/"},"modified":"2024-11-14T12:48:20","modified_gmt":"2024-11-14T11:48:20","slug":"covid-19-krise-fuehrt-zu-tiefer-rezession-im-europaeischen-bauwesen-euroconstruct-prognose-bis-2023","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55885\/","title":{"rendered":"COVID-19 Crisis Leads to Deep Recession in European Construction Industry. Euroconstruct Forecast until 2023"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55885","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The momentum of European construction activity had slowed since 2017 and slumped sharply in 2020 as a result of the COVID-19 crisis. Construction volume in the 19 Euroconstruct countries shrank by 7.8 percent in real terms to 1,566 billion \u20ac in 2020. European residential construction and other building construction were hit hardest. These sectors were already in the downturn phase before the outbreak of the COVID-19 crisis due to the economic situation. Construction is expected to catch up in 2021, but growth in all construction sectors will not be able to compensate for the decline in 2020. As forecasts by the Euroconstruct research network show, the construction volume from the pre-crisis year 2019 will not be reached until the end of 2023. The slump in the Austrian construction industry in 2020 was rather small by international standards, which is why construction volumes in Austria are likely to return to pre-crisis levels earlier.","onlinedate":"2021-03-01 12:00:00","lang":"German","publication_series":"","publication_date":"20210201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":413818,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"94","monthly_report_pages":"115-125","monthly_report_pages_sort":"115","issue":"2","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2021-03-01 12:00:00","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":[41003],"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_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Klien, M.<\\\/span><span>, &amp; Weing\u00e4rtler, M.<\\\/span> (2021). <span>COVID-19-Krise f\u00fchrt zu tiefer Rezession im europ\u00e4ischen Bauwesen. Euroconstruct-Prognose bis 2023<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>94<\\\/em>(2), 115-125. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66920\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66920<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Klien M<\\\/span><span>, Weing\u00e4rtler M<\\\/span>. <span class=\\\"title\\\"><span>COVID-19-Krise f\u00fchrt zu tiefer Rezession im europ\u00e4ischen Bauwesen. Euroconstruct-Prognose bis 2023<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2021 Feb;94(2):115-125.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{97f76a970ac8492f9c6d3e7559c2b342,<\\\/div><div>  title    = \\\"COVID-19-Krise f{\\\\\\\"u}hrt zu tiefer Rezession im europ{\\\\\\\"a}ischen Bauwesen. Euroconstruct-Prognose bis 2023\\\",<\\\/div><div>  abstract = \\\"Die Dynamik der europ{\\\\\\\"a}ischen Baukonjunktur hatte sich seit 2017 verlangsamt und brach 2020 infolge der COVID 19-Krise stark ein. Das Bauvolumen in den 19 Euroconstruct-L{\\\\\\\"a}ndern schrumpfte 2020 gegen{\\\\\\\"u}ber dem Vorjahr real um 7,8\\\\% auf 1.566 Mrd. \u20ac. Die Krise betraf den europ{\\\\\\\"a}ischen Wohnbau sowie den sonstigen Hochbau am st{\\\\\\\"a}rksten. Dabei handelt es sich um jene Sektoren, die sich bereits vor Ausbruch der COVID-19-Krise in einer konjunkturell bedingten Abschwungphase befunden hatten. F{\\\\\\\"u}r das Jahr 2021 wird ein Aufholprozess im Bauwesen erwartet, allerdings d{\\\\\\\"u}rfte in allen Bausektoren das Wachstum nur teilweise die R{\\\\\\\"u}ckg{\\\\\\\"a}nge des Jahres 2020 ausgleichen. Wie Prognosen des Forschungsnetzwerkes Euroconstruct zeigen, wird das Bauvolumen des Vorkrisenjahres 2019 voraussichtlich erst wieder gegen Jahresende 2023 erreicht werden. Der Einbruch in der {\\\\\\\"o}sterreichischen Bauwirtschaft war 2020 im internationalen Vergleich eher gering, weshalb das Bauvolumen in {\\\\\\\"O}sterreich bereits fr{\\\\\\\"u}her wieder das Vorkrisenniveau erreichen d{\\\\\\\"u}rfte.\\\",<\\\/div><div>  keywords = \\\"Bauwirtschaft, Wohnbau, Infrastruktur, Prognose\\\",<\\\/div><div>  author   = \\\"Michael Klien and Michael Weing{\\\\\\\"a}rtler\\\",<\\\/div><div>  note     = \\\"Baukonjunktur\\\",<\\\/div><div>  year     = \\\"2021\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"94\\\",<\\\/div><div>  pages    = \\\"115--125\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - COVID-19-Krise f\u00fchrt zu tiefer Rezession im europ\u00e4ischen Bauwesen. Euroconstruct-Prognose bis 2023<\\\/p><p>AU  - Klien, Michael<\\\/p><p>AU  - Weing\u00e4rtler, Michael<\\\/p><p>N1  - Baukonjunktur<\\\/p><p>PY  - 2021\\\/2<\\\/p><p>Y1  - 2021\\\/2<\\\/p><p>N2  - Die Dynamik der europ\u00e4ischen Baukonjunktur hatte sich seit 2017 verlangsamt und brach 2020 infolge der COVID 19-Krise stark ein. Das Bauvolumen in den 19 Euroconstruct-L\u00e4ndern schrumpfte 2020 gegen\u00fcber dem Vorjahr real um 7,8% auf 1.566 Mrd. \u20ac. Die Krise betraf den europ\u00e4ischen Wohnbau sowie den sonstigen Hochbau am st\u00e4rksten. Dabei handelt es sich um jene Sektoren, die sich bereits vor Ausbruch der COVID-19-Krise in einer konjunkturell bedingten Abschwungphase befunden hatten. F\u00fcr das Jahr 2021 wird ein Aufholprozess im Bauwesen erwartet, allerdings d\u00fcrfte in allen Bausektoren das Wachstum nur teilweise die R\u00fcckg\u00e4nge des Jahres 2020 ausgleichen. Wie Prognosen des Forschungsnetzwerkes Euroconstruct zeigen, wird das Bauvolumen des Vorkrisenjahres 2019 voraussichtlich erst wieder gegen Jahresende 2023 erreicht werden. Der Einbruch in der \u00f6sterreichischen Bauwirtschaft war 2020 im internationalen Vergleich eher gering, weshalb das Bauvolumen in \u00d6sterreich bereits fr\u00fcher wieder das Vorkrisenniveau erreichen d\u00fcrfte.<\\\/p><p>AB  - Die Dynamik der europ\u00e4ischen Baukonjunktur hatte sich seit 2017 verlangsamt und brach 2020 infolge der COVID 19-Krise stark ein. Das Bauvolumen in den 19 Euroconstruct-L\u00e4ndern schrumpfte 2020 gegen\u00fcber dem Vorjahr real um 7,8% auf 1.566 Mrd. \u20ac. Die Krise betraf den europ\u00e4ischen Wohnbau sowie den sonstigen Hochbau am st\u00e4rksten. Dabei handelt es sich um jene Sektoren, die sich bereits vor Ausbruch der COVID-19-Krise in einer konjunkturell bedingten Abschwungphase befunden hatten. F\u00fcr das Jahr 2021 wird ein Aufholprozess im Bauwesen erwartet, allerdings d\u00fcrfte in allen Bausektoren das Wachstum nur teilweise die R\u00fcckg\u00e4nge des Jahres 2020 ausgleichen. Wie Prognosen des Forschungsnetzwerkes Euroconstruct zeigen, wird das Bauvolumen des Vorkrisenjahres 2019 voraussichtlich erst wieder gegen Jahresende 2023 erreicht werden. Der Einbruch in der \u00f6sterreichischen Bauwirtschaft war 2020 im internationalen Vergleich eher gering, weshalb das Bauvolumen in \u00d6sterreich bereits fr\u00fcher wieder das Vorkrisenniveau erreichen d\u00fcrfte.<\\\/p><p>KW  - Bauwirtschaft<\\\/p><p>KW  -  Wohnbau<\\\/p><p>KW  -  Infrastruktur<\\\/p><p>KW  -  Prognose<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 94<\\\/p><p>SP  - 115<\\\/p><p>EP  - 125<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/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>COVID-19 Crisis Leads to Deep Recession in European Construction Industry. Euroconstruct Forecast until 2023 - 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\/55885\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 Crisis Leads to Deep Recession in European Construction Industry. 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