Euroconstruct expects stagnated construction activity in Europe up to 2025

Euroconstruct expects stagnated construction activity in Europe up to 2025
Euroconstruct’s latest economic forecasts predict that construction output growth will drop to 0% in 2024 across Europe. Civil engineering looks positive, but other sectors are expected to be negative. New economic data points to a difficult two years for construction across Europe, with growth forecasts dropping to 0.2% in 2023 and a flat 0% in 2024 compared to 2% previously. Despite a more positive 2022 with 3.0% growth expected, construction output is likely to be weaker than previously thought, with no recovery expected until 2025. The figures were revealed at the recent Euroconstruct’s economic ...

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