Germany Construction Industry Report 2022: Output Expected to Shrink by 3.2% in Real Terms through 2022 - Market Size, Trends and Forecasts to 2026 - ResearchAndMarkets.com
The "Germany Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
- The "Germany Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
- The construction industry in Germany is in a dire state, with output now expected to shrink by 3.2% in real terms in 2022 (down from the previous estimate of a 1.6% fall).
- This industry has been severely impacted by economic headwinds caused by the ongoing energy crisis, high construction materials costs, rising inflation, and labor shortages.
- There has also been a decline in new construction orders in civil engineering in recent quarters.