Since the economic barometer for timber construction was started, Austrian and German timber construction companies have been mostly satisfied. Currently, 73% evaluate the order situation of the previous quarter as "good", 17% as "satisfying" and 10% as "bad". The share of those who did not specify their current assessment of certain issues and questions has been unusually high in the current survey.
For the current quarter, the majority (70%) expect "no change" of the order situation. 27% expect an "improvement" and 3% "deterioration". With regards to multi-story timber constructions, 30% expect the order situation to "improve". 43% anticipate "no change" and 3% foresee a "deterioration" of the situation (no assessment: 24 %). In the one- and two-family house construction sector, 15% expect an "improvement", 60% "no change" and 13% a "deterioration". One third of timber construction companies thinks that the order situation in the fields of restructuring/renovation/annexes/story additions/expansions will improve. 43% in this sector expect "no change" and 8% a "deterioration" (no assessment: 16 %). When it comes to material costs, 47% anticipate a price increase for timber construction products. 45% reckon that prices will "stagnate" and 7% said "deteriorate".