Construction Industry

Boom without Bust?

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Appears to have a secure job in Germany. Picture source: DPA

Members of Germany’s construction industry have no reason to sing the blues. In fact, they feel more confident than ever before, a new survey by the Association of German Chambers of Commerce and Industry, or DIHK, has shown.

“Even during the construction boom following Germany’s reunification, companies weren’t as content as they are right now,” a DIHK survey summarizes the sentiment. Among the surveyed firms, 60 percent describe their current conditions as “good.” Only four percent say they were in a “bad” state.

While residential construction companies have been benefiting from an overall economic upswing and ultra-low interest rates for some time, civil engineering firms are now also feeling the upbeat trend.

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