New Report Available: Construction in Germany - Key Trends and Opportunities to 2017
The German construction industry registered a CAGR of 3.00% during the review period (2008-2012). Growth was fuelled by a rise in disposable income and stable employment. Salaries in Germany increased by 9.1% between 2008 and 2012, while the unemployment rate stood at 5.3% in 2012. This demand factor contributed to a steady increase in construction activity during the review period. Growth was also supported by investments in the country's export-oriented industrial sector, which accounted for 26.1% of the country's GDP...
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