This index fell by six points in May to 45, its lowest since 1995. (A score below 50 suggests that more builders reckon the market is poor than think it good.) Economists at Goldman Sachs estimate, from the fall in the homebuilders' index, that construction will fall at an annual rate of 10-15% in the next four quarters.
Movie from the German Broadcasting Archive and related to the collection "Construction and Fall of the Berlin Wall and the Two-Plus-Four-Treaty of 1990" submitted by Germany and inscribed on the Memory of the World Register in 2011.