The transformation of the Hungarian construction industry and spatial tendencies between 2000 and 2012

The aim of this paper is to provide an overview of the tendencies of development in the construction industry, one of the most important foundations of economic development, between 2000 and 2012. The key findings of the study may be summarized in the following: – In the period between the 2000 and 2012, after the increasing tendency that could be observed in the first half of the first decade in the new millennium, a significant drop occurred both in terms of the value of production and the number of employees in the construction industry. – From the three subsectors of the construction industry, it was the construction of buildings on which the economic crisis that started in 2008 had a negative impact. – The territorial tendencies of the construction industry were influenced by large-scale infrastructural investments (motorway construction, railway network development).