Building materials industry benefits from demand in residential construction
The economic environment in the construction industry will continue its favorable development, i.e. in particular the demand in construction services, in 2012 supported by a positive propensity to invest. Following the upward momentum of the last two years, Bundesverband Baustoffe - Steine und Erden ((BBS) - German Building Materials Association) expects an increase in production by at least 2% (industry average of 10.9% in 2011). Generating about 31 billion Euros, revenue improved by 14.3% in 2011 compared to the previous year.
The number of persons employed slightly increased by 2.2%...
