88th Euroconstruct Conference: European Construction Market Outlook Until 2022 – New Challenges for European Construction After 2020. Summary Report
European construction market growth is expected to slowdown in 2019 and it will stay at lower rates until 2022. Due to weakening (new) residential construction, especially the building sector will grow only marginally over the next years. Moreover, the expected economic dampening will negatively affect several segments of non-residential construction. On the upside, increased infrastructure needs and improved public sector finances support civil engineering, especially in the area of transport infrastructure. Detailed results and forecasts were presented to a professional audience at the 88th Euroconstruct conference in Warsaw, November 2019. 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 in new and renovation, respectively) up to 2022. – With contributions by Josep R. Fontana, Radovan Kostelník, Vladimír Lenko, Dominika Odoszewska, Sonya Patel, Mariusz Sochacki.