Article in Journal
Construction (west):
Reduced scepticism
ifo Institut für Wirtschaftsforschung, München, 2005
in: ifo Konjunkturperspektiven, 2005, 32, Nr. 01, 09-12
The current business situation in western German construction remained at a very unsatisfactory level. Equipment utilisation at 58% was lower than in the previous month; the comparable previous year value was missed by one percentage point. The range of the order backlogs expanded, but at 2.2 months it was smaller than in the previous year. Whereas dissatisfaction with order stocks weakened in structural engineering, it increased again in civil engineering. The overall outlook brightened again in both structural and civil engineering.
JEL Classification: L740
Included in
Journal (Complete Issue)
ifo Konjunkturperspektiven 01/2005
ifo Institut für Wirtschaftsforschung, München, 2005