Article in Journal

Construction (west):
Renewed pressure on prices


ifo Institut für Wirtschaftsforschung, München, 2001

in: ifo Konjunkturperspektiven, 2001, 28, Nr. 01, 5-8

The deterioration in the business climate in construction in West Germany results from a clearly more negative judgement of the current business situation, especially as regards building construction. With the level of construction output unchanged (seasonally and weather adjusted), the equipment utilisation rate (62%) remained below the previous-year level. Companies in west Germany expected lower prices, too.

JEL Classification: E300,L740