The 96th Euroconstruct Forecasts Winter 2023 show a decline in the construction markets covered by the 19 members of the network
in 2023 and a more pronounced downturn in 2024, due to inflation, high interest rates and weak demand. The slowdown is mainly
driven by residential construction, where the number of new dwellings completed in the Euroconstruct countries is forecast
to fall to 2016 levels by 2025. However, non-residential construction and civil engineering will fare better thanks to government
investment in vital infrastructure such as transport and energy. Overall growth in the Euroconstruct countries is expected
to pick up slightly between 2025 and 2026. With contributions by Yngve Abrahamsen, Anders Bjerre, Mohammed Chaudhri, Ludwig
Dorffmeister, Loretta O'Sullivan, Stefanie Siegrist.
Forschungsbereich:Regionalökonomie und räumliche Analyse