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EU industrial structure 2011 — Trends and Performance FIgURE III.29: Investment average annual growth rate in the EU-27 and EU-15: 1997-2010 (%) Construction work: other constructions 92 Other products Metal products and machinery Transport equipment Total Construction work: housing EU 27 EU 15 -1% 0% 1% 2% 3% 4% Note: Calculated from data expressed in constant terms (reference year 2000). The graph intentionally does not include products of agriculture, forestry, fisheries and aquaculture. Source: calculated using Eurostat data. Investment growth in ‘other products’, a heterogeneous category, displayed the strongest growth. Investment growth for the other fast growing assets, transport equipment and metal products and machinery, also show large variations between Member States. While average growth in transport equipment is around or above 5 % in Estonia and Sweden, it is decreasing in the Netherlands and Portugal. Metals products and machinery investments are only decreasing in Slovakia while developments in Cyprus Estonia, and Slovenia were strong. Similarly, investment in housing construction is very buoyant in Estonia, Lithuania, Luxembourg, Slovakia and Sweden with growth rates between 4.5 % and 8 %, cf. Table III.7. TAbLE III.7: growth in investment levels, average annual growth rates: 1997-2009 (%) total metal products and machinery transport equipment construction work: housing construction work: other constructions Other products Belgium 2.0 n.a. n.a. n.a. n.a. n.a. Bulgaria 12.2 n.a. n.a. n.a. n.a. n.a. czech republic 1.8 n.a. n.a. n.a. n.a. n.a. denmark 1.0 1.5 3.5 0.7 ‑2.3 6.2 germany 0.9 n.a. n.a. ‑1.2 ‑1.0 6.4 Estonia 3.6 4.9 5.1 7.0 0.8 19.2 ireland ‑1.5 n.a. n.a. n.a. n.a. n.a. spain 2.6 2.8 3.2 1.2 3.5 2.8 France 2.6 n.a. n.a. n.a. n.a. n.a. italy 1.0 1.1 1.9 0.9 0.5 1.3 cyprus 3.7 4.4 4.4 2.6 4.5 n.a. latvia 5.3 n.a. n.a. n.a. n.a. n.a. lithuania 3.6 4.3 2.0 4.4 2.2 13.5 luxembourg 3.8 3.8 ‑0.3 4.6 5.2 2.4 hungary 3.2 n.a. n.a. n.a. n.a. n.a. netherlands 0.8 2.8 ‑1.1 ‑0.5 0.8 1.9 austria 0.7 1.3 1.5 ‑2.2 0.8 7.2 poland 4.2 n.a. n.a. n.a. n.a. n.a. portugal ‑0.4 3.4 ‑1.9 n.a. ‑4.8 4.4 slovenia 3.2 6.1 3.2 0.3 1.8 5.7 >>>
total metal products and machinery transport equipment Chapter III — Drivers of Sector Growth and Competitiveness construction work: housing construction work: other constructions Other products slovakia 0.9 ‑0.2 0.4 8.1 1.1 6.7 Finland 2.1 0.8 1.0 3.2 1.8 5.1 sweden 3.4 3.3 4.8 5.8 1.2 4.9 united Kingdom 2.2 3.5 0.3 ‑0.1 1.8 3.5 Eu‑27 1.7 2.7 2.6 0.2 1.1 3.9 Eu‑25 1.7 2.7 2.5 0.2 1.1 3.9 Eu‑15 1.6 2.7 2.4 0.0 1.0 3.8 Note: Greece, Malta and Romania missing. Calculated from data expressed in volumes (reference year 2000). The table intentionally does not include products of agriculture, forestry, fisheries and aquaculture. Source: own calculations using Eurostat data. 93
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EU industrial structure 2011 Trends
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ENTERPRISE & INDUSTRY MAGAZINE The
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EU industrial structure 2011 — Tr
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Chapter I The aftermath of the cris
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The impact of the last downturn in
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The impacts of the latest recession
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The previous figures imply that the
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i12 services recession and recovery
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Chapter I — The aftermath of the
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nacE rev 2 growth 2009 Chapter I
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The third step in assessing future
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The business survey indicator used
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Chapter II Changes in EU Industrial
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While there is some variety in the
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developments. This is confirmed by
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Page 51 and 52: technology scale. They are less and
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