Full order books in the German construction industry

2018 was a record year for the German construction industry. You grew so strong as for the last 25 years. Housing and investment in infrastructure to drive the business.

in view of the real estate boom in the German construction sector has achieved the best new business for almost a quarter of a century. 2018, the order intake increased within a year with a strong growth of 10.1 percent to 79.5 billion euros, as the Federal statistics office.

brackets Adjusted for price increases and the effect of calendar days the Plus in 2018 stood at 4.4 percent. Finally, the new business in 1994 was higher (80.8 billion euros): at the Time, were built in the Boom after the reunification of flats in a big way in the Federal Republic of Germany.

record year for the construction industry, thanks to real estate boom

Alone at the end of the year, orders received were up, according to the Federal statistical office, with a strong growth of 10.3 percent compared to the previous year month. There are so many orders like never before in December. They all added up to 7.3 billion euros. In the construction industry have benefited greatly from large-scale orders. One reason for this is the increasing number of inhabitants and the strong influx in cities like Berlin, the boost to the housing.

in Addition, many private builders to meet, thanks to low interest rates, higher wages and more job security, the dream of your own four walls. Investors also get stuck in the absence of attractive investment Alternatives more money in the real estate market.

The construction industry includes the construction of buildings as well as roads, Railways and pipelines. The strong housing sector and higher public investment in infrastructure to drive the industry for some time.