Crisis in construction: “We’re hitting the wall”. Ifo Institute sees the construction industry continuing to decline rapidly.
A significant decline in construction investments is also forecast for this year. The number of building permits issued in Ostallgäu fell by 30 to 50 percent in 2023. “As an entrepreneur you no longer understand the world,” says Gerhard Layererle from Acredo Bau in Buchloe. ‘We are blocking ourselves in Germany! This is what the trades say,’ says craftsman Robert Klauer.