Article in Journal

Construction (west):
Mild winter but poor equipment utilisation rate


ifo Institut für Wirtschaftsforschung, München, 2002

in: ifo Konjunkturperspektiven, 2002, 29, Nr. 12, 5-8

Nothing has changed regarding the unsatisfactory situation of the western German construction trade during the last four months. Building activity has decreased again, equipment utilisation at 57% was under the comparable value of the previous year (61%). Reports of production constraints because of inadequate order reserves increased, in building construction they have reached an all-time high. With regard to the business outlook, pessimism has declined somewhat, however, in both building construction and in civil engineering.

JEL Classification: L740