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Tue June 18 2024

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Jobs down but demand up in Germany

23 Nov 11 German construction orders in September were 0.7% higher than a year before, according to latest figures from the Federal Statistical Office, Destatis.

At the end of September 2011, building and civil engineering employed 733,000 people. This was a fall of about 5,600 or 0.8% from a year before.

The total turnover in September 2011 amounted to about €8.9bn, a rise of 3.4% compared with September 2010.

In the first nine months of 2011, new price adjusted orders increased the construction industry volume by 4% compared with the corresponding period last year. Total revenue in the construction industry for the period January to September 2011 was €64bn, up 10.7% over the first nine months of 2010. The average number of people working remained roughly the same.

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