Restructuring in the construction sector

As one of the largest sectors of economic activity in Europe, construction has been hit hard by the onset of the economic recession. This report reviews recent developments in the construction sector in the majority of EU27 Member States – except France, Hungary and the Netherlands – as well as Norway. It looks at how the sector is being affected by the downturn in each country, and how companies and governments have responded. The study reveals that certain parts of the construction sector – such as housing construction – have been more significantly affected than others. Moreover, in many countries, manufacturers of building materials for the sector have also experienced a decline in output.

• Primary Source

Eurofound: Restructuring in the construction sector: Executive summary http://www.eurofound.europa.eu/pubdocs/2009/481/en/1/EF09481EN.pdf

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