European Production

/According to the Euroconstruct report in 2013 the sector already will contribute positively to the economy with a growth of the 1.5%. In 2011 the fall of the production will be of 15% and 3.6% in 2012. In certain CC.AA it would be possible to be returned to construct, but lack financing. The sector of the construction seems to see the light at the end of the tunnel, although to see that end still lack two years. According to the Euroconstruct report (an European group of investigation on the business of the construction) of first half of 2011, the construction in Spain will continue falling until 2013, when aim to five years consecutive of contraction of the production is put. In 2013, the sector already will contribute positively to the economy with a growth of 1.5%. 2012 still will be negative, with a fall of 3.6%, after this 2011 Spanish construction falls a 15%. The person in charge of the Prospective Unit of Economic of the Institute of Technology of the Construction of Catalonia (ITeC), in charge organism to realise the study for Spain, Josep Ramon Fontana, it has indicated that the recovery in the different markets will begin in the order in which they entered the crisis: the first house, soon the nonresidential one and, finally, civil engineering.

The data of the Ministry of Public Works and the Economy indicate that in the first trimester of this year the construction of free houses descended a 13.8% with respect to the same period from the preceding exercise. According to the Euroconstruct report, the levels of production of residential construction will change little during 2011 (- 5.5%) and 2012 (5%), assuming that the beginnings will not move away of the level of the 100,000 houses. Without ' stock' in some zones the chief of a main directorate of the ITec, Anton M.Checa, has aimed that the existence of houses has been run out in some cities and that in certain independent communities could be returned to begin to construct, although absence prevents it to the financing.

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