In the building industry, the synthetic indicator of business climate, built with balances of opinion, loses a point and returns under its long-term average. The turning-point indicator is in the unfavorable zone.
Business climate synthetic indicator

Turning-point indicator

Lecture : close to 1 (respectively -1), it indicates a favorable climate (respectively unfavorable).
Productive capacity utilisation rate

Activity tendency in the building industry

Workforce size tendency in the building industry

Order books

| Balances of opinion, in %, SA | |||||
| * Mean since september 1993. | |||||
| ** This figure refers to all companies that responded to the survey. | |||||
| Mean* | Nov. 11 | Dec. 11 | Janv.12 | Feb. 12 | |
|---|---|---|---|---|---|
| Business climate | 100 | 99 | 99 | 100 | 99 |
| Past activity | 1 | 6 | 4 | 0 | 3 |
| Expected activity | 4 | 10 | 14 | 13 | 15 |
| Gen. business outlook | 15 | 31 | |||
| Past employment | 2 | 8 | 7 | 6 | 9 |
| Expected employment | 1 | 8 | 5 | 4 | 3 |
| Opinion on order books | 18 | 29 | 27 | 24 | 25 |
| Order books (in month) | 5,2 | 6,9 | 6,7 | 6,8 | 6,9 |
| Productive capacity utilisation rate | 89,2 | 88,7 | 88,7 | 89,5 | 88,6 |
| Obstacles to production increase (in %) | 34 | 27 | 28 | 27 | 27 |
| - Because of workforce shortage(in %)** | 16,5 | 7,2 | 6,9 | 7,4 | 8 |
| Hiring problems (in %) | 60 | 56 | |||
| Expected prices | 11 | 24 | 25 | 23 | 19 |
| Cash-flow position | 7 | 8 | |||
| Repayment period | 27 | 29 | |||
n° 48 - February 20, 2012
Monthly survey of building - February 2012
Next issue June 25, 2013 08:45 - June 2013
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