{"id":70189,"date":"2023-12-02T07:36:28","date_gmt":"2023-12-02T06:36:28","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/93rd-euroconstruct-conference-european-construction-market-outlook-until-2024-the-european-construction-market-proves-to-be-resilient-but-recovery-slows-down-summary-report\/"},"modified":"2024-08-23T10:37:42","modified_gmt":"2024-08-23T08:37:42","slug":"93rd-euroconstruct-conference-european-construction-market-outlook-until-2024-the-european-construction-market-proves-to-be-resilient-but-recovery-slows-down-summary-report","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/70189\/","title":{"rendered":"93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-70189","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The latest forecasts from the 93rd Euroconstruct analysis confirm the ongoing recovery in European construction, even if the growth forecast for 2022 had to be lowered. Among the three construction sectors, growth is distributed evenly, with rates just above 2 percent in real terms. Residential construction mainly benefits from increased activities in the renovation sector, supported by public subsidy programmes. The growth in non-residential construction can be seen more like a rebound effect from the 2020 crisis. Civil engineering is supported by public subsidy programmes that serve to stimulate the economy. However, the current increases in construction costs and economic uncertainties due to the war in Ukraine are dampening the outlook to 2024. Detailed results and forecasts were presented to a professional audience at the 93rd Euroconstruct Conference in Warsaw (Poland) from 9 to 10 June 2022. The Euroconstruct Summary Report provides a macroeconomic analysis and an overview of the European construction industry by sectors (housing, non-residential construction, and civil engineering; split into new and renovation, respectively) up to 2024. With contributions by Yngve Abrahamsen, Ludwig Dorffmeister, Thomas Endhoven, Adam Sochacki and Mariusz Sochacki.","onlinedate":"2022-07-01 12:40:03","lang":"English","publication_series":"","publication_date":"20220601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"194","keywords":"[]","jelcodes":"[]","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":"Euroconstruct","persons":[],"persons_data":"[]","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\\\">Euroconstruct (2022). <span><em>93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report<\\\/em><\\\/span>. <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\\\">Euroconstruct. <span class=\\\"title\\\"><span>93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report<\\\/span><\\\/span>. 2022. 194 p.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{576d8f49d83747bbb433709efc6d2de2,<\\\/div><div>  title    = \\\"93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report\\\",<\\\/div><div>  abstract = \\\"The latest forecasts from the 93rd Euroconstruct analysis confirm the ongoing recovery in European construction, even if the growth forecast for 2022 had to be lowered. Among the three construction sectors, growth is distributed evenly, with rates just above 2 percent in real terms. Residential construction mainly benefits from increased activities in the renovation sector, supported by public subsidy programmes. The growth in non-residential construction can be seen more like a rebound effect from the 2020 crisis. Civil engineering is supported by public subsidy programmes that serve to stimulate the economy. However, the current increases in construction costs and economic uncertainties due to the war in Ukraine are dampening the outlook to 2024. Detailed results and forecasts were presented to a professional audience at the 93rd Euroconstruct Conference in Warsaw (Poland) from 9 to 10 June 2022. The Euroconstruct Summary Report provides a macroeconomic analysis and an overview of the European construction industry by sectors (housing, non-residential construction, and civil engineering; split into new and renovation, respectively) up to 2024. With contributions by Yngve Abrahamsen, Ludwig Dorffmeister, Thomas Endhoven, Adam Sochacki and Mariusz Sochacki.\\\",<\\\/div><div>  keywords = \\\"Construction Market, Forecasts, Europe, Housing, Residential, Non-Residential, Civil Engineering\\\",<\\\/div><div>  author   = \\\"Euroconstruct\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/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  - 93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report<\\\/p><p>AU  - Euroconstruct<\\\/p><p>PY  - 2022\\\/6<\\\/p><p>Y1  - 2022\\\/6<\\\/p><p>N2  - The latest forecasts from the 93rd Euroconstruct analysis confirm the ongoing recovery in European construction, even if the growth forecast for 2022 had to be lowered. Among the three construction sectors, growth is distributed evenly, with rates just above 2 percent in real terms. Residential construction mainly benefits from increased activities in the renovation sector, supported by public subsidy programmes. The growth in non-residential construction can be seen more like a rebound effect from the 2020 crisis. Civil engineering is supported by public subsidy programmes that serve to stimulate the economy. However, the current increases in construction costs and economic uncertainties due to the war in Ukraine are dampening the outlook to 2024. Detailed results and forecasts were presented to a professional audience at the 93rd Euroconstruct Conference in Warsaw (Poland) from 9 to 10 June 2022. The Euroconstruct Summary Report provides a macroeconomic analysis and an overview of the European construction industry by sectors (housing, non-residential construction, and civil engineering; split into new and renovation, respectively) up to 2024. With contributions by Yngve Abrahamsen, Ludwig Dorffmeister, Thomas Endhoven, Adam Sochacki and Mariusz Sochacki.<\\\/p><p>AB  - The latest forecasts from the 93rd Euroconstruct analysis confirm the ongoing recovery in European construction, even if the growth forecast for 2022 had to be lowered. Among the three construction sectors, growth is distributed evenly, with rates just above 2 percent in real terms. Residential construction mainly benefits from increased activities in the renovation sector, supported by public subsidy programmes. The growth in non-residential construction can be seen more like a rebound effect from the 2020 crisis. Civil engineering is supported by public subsidy programmes that serve to stimulate the economy. However, the current increases in construction costs and economic uncertainties due to the war in Ukraine are dampening the outlook to 2024. Detailed results and forecasts were presented to a professional audience at the 93rd Euroconstruct Conference in Warsaw (Poland) from 9 to 10 June 2022. The Euroconstruct Summary Report provides a macroeconomic analysis and an overview of the European construction industry by sectors (housing, non-residential construction, and civil engineering; split into new and renovation, respectively) up to 2024. With contributions by Yngve Abrahamsen, Ludwig Dorffmeister, Thomas Endhoven, Adam Sochacki and Mariusz Sochacki.<\\\/p><p>KW  - Construction Market, Forecasts, Europe, Housing, Residential, Non-Residential, Civil Engineering<\\\/p><p>M3  - Study<\\\/p><p>BT  - 93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. Summary Report<\\\/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>93rd Euroconstruct Conference: European Construction Market Outlook until 2024 \u2013 The European Construction Market Proves to be Resilient, but Recovery Slows Down. 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