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Sports: fewer orders for construction industry in November

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Damper for the construction industry in Germany At the end of last year: In November, the construction industry booked price and calendar-cleaned 7.1 percent fewer orders, both compared to the same month of last year and compared to October 2021.

Das Neubaugebiet in Kronsrode (Hannover). © Julian Stratenschulte / DPA The new building in Kronrode (Hannover).

Because pricing prices have risen sharply, order intake in November with around 7.2 billion euros nominal but 4.7 percent above the value of November 2020, as the Federal Statistical Office announced. The demand for construction work was already large before the corona crisis, building materials have increased significantly significantly because of great global demand.

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According to calculations of the Wiesbaden authority, the balance sheet for the industry is seen positively for the year: from January to November to November of last year, real new orders increased by 1.3 percent compared to the same period of the previous year.

Good Upholstery

«For the current year, this is a good deal," was the main manager of the main association of the German Construction Industry, Tim Oliver Müller. "Since we assume that the delivery bottlenecks will calm down in the course of the first half of the year, we are still optimistic for production 2022. We continue to expect a nominal sales increase of 5.5 percent, Real of 1.5 percent. »

The construction industry involves the construction of buildings (construction) as well as roads, railways and lines (civil engineering). According to the construction industry, economic construction was recently the driver for the construction economy. «While the demand for housing in November 2021 has declined significantly, a strong increase was reported for economic construction. Here, in particular, increasing investments of the train seem to play a role », explained Müller.

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