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January 23, 2020

Forecast: Tempered growth in European construction by 2022

Construction research network Euroconstruct anticipates building work to increase only slightly in the 19 member states up to 2022. According to the press released published after the latest Euroconstruct conference in Warsaw, an increase of 2.3% in real terms vis à vis 2018 is expected for 2019.   Construction output amounted to nearly 1,600 billion Euro in 2018 - after five years growth still far below peak level, with relevant differences among countries.  From among 15 western EC-15 countries, 10 of them achieved in 2018 higher total construction volume than in 2007. The construction market in ...

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