Construction crisis in the district of Göppingen: Building construction fights with a dramatic decline!

Construction crisis in the district of Göppingen: Building construction fights with a dramatic decline!

In the district of Göppingen, the 1,167 craft companies fight in the construction and expansion industry with falling orders, especially in building construction. According to district craftsman Jürgen Schmid, the order range has decreased significantly, which characterizes the Situation in the new building as dramatic. In particular, the uncertainty through the heating law and the current political situation contribute to the uncertainty of the population and the companies, such as the swp reported.

decline in the main building industry

In the construction industry as a whole, a similar picture is shown. The mood in the construction industry improved easily compared to the beginning of the year, but remains negative with minus 21 points. The real order intake decreased by 4.4 percent in 2023. For 2024, a further decline of around 4 percent is expected in the total construction industry, which is also due to the economic challenges. The building permits recorded a decrease of 19 percent for new projects in 2023, such as the building industry .

In addition, housing is particularly suffering from the tightened situation, since in 2023 only 294,000 apartments were completed instead of the intended 400,000. For 2024, a decline is expected to around 250,000 units, which underlines the difficulties in the construction industry. The main causes lie in the increased construction costs and a dramatic financing situation that severely limits the new and expansion.