Press release: 12.360-200/20

Turnover in industry and construction decreased by 5.8% in July 2020; flash estimates for September 2020 show a slightly year-on-year increase in industry and construction

Vienna, 2020-10-30 – A total of 66 654 enterprises in the entire industry and construction sector (+1.3% compared to the previous year) turned over €154.6 bn (-11.9%) from January to July 2020, according to calculations by Statistics Austria. The working-day adjusted turnover for industry and construction decreased by 12.0%. These figures coupled with a slightly decreasing employment (1 006 447 persons, -0.9%). In July 2020 turnover decreased by 5.8% compared to the same month of the previous year (working-day adjusted: -5.9%).

At establishment level (67 218 establishments, +1.2%), sold production decreased by 12.0% (working-day adjusted: -12.2%) in comparison to previous year's level and amounted to €152.2 bn in nominal terms (employing 1 005 962 persons, -0.8%). With €125.5 bn in nominal terms, industrial production sold fell by 13.6% compared to the previous year. Compared to the same month last year (July 2019), sold production declined by 5.9% (working-day adjusted: also -5.9%) in industry and construction.

The 36 753 Austrian construction establishments (+1.9%) achieved a production sold of €26.7 bn in the reporting period January to July 2020. This corresponds to a decrease of 4.0% in nominal terms (working-day adjusted: -4.2%) compared to the previous year. In July 2020 production sold fell by 3.0% (working-day adjusted: -3.1%).

At the end of July 2020, Austrian construction companies (not including construction auxiliary trades) had orders booked totalling about €16.5 bn (-1.5% year-over-year).

The flash estimates of Statistics Austria for industry and construction (ÖNACE B to F) for September 2020 shows an increase in the turnover index (+2.1%), the index of persons employed (-0.3%) and the index of hours worked (-0.7%) still have a negative development to the same month of the previous year. If the industrial sector is considered separately from construction, the turnover index shows an increase in industry (+1.8 %) and in construction (+3.3%). The index of hours worked shows a decline in industry (-2.1%), while construction again shows a positive development (+3.7%). This is also reflected in the index of persons employed (industry -1.2%; construction +2.9%).

For more detailed information please refer to the German version of this press release or our German websites on short term statistics and flash estimates.