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European Construction Demand: Recovery Continues – Selected Results from the EUROCONSTRUCT Summer Conference 2016

Ludwig Dorffmeister, Matijas Kocijan
ifo Institut, München, 2016

ifo Schnelldienst, 2016, 69, Nr. 13, 54-59

According to their latest assessment of European construction volume, the EUROCONSTRUCT network experts expect an upswing in growth. Growth in building services will total around 8% in the three years prior to 2018. In the civil engineering sector future developments are expected to be slightly above average. In non-residential construction building services will “only” increase by a total of 7% through 2018. Residential construction activities are expected to increase by a total of around 8% over the forecasting period.

JEL Classification: L740

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ifo Institut, München, 2016