According to the contractors interviewed in October 2012, the economic climate is deteriorating in public works in the fourth quarter.
Activity tendency in public works

| Balances of opinion, in %, SA | |||||
| * Mean since january 1981 | |||||
| Sources: FNTP and INSEE | |||||
| Mean* | Jan. 12 | Apr. 12 | July. 12 | Oct. 12 | |
|---|---|---|---|---|---|
| Past activity | 6 | 16 | 27 | 22 | 6 |
| - of which public-sector project | 11 | 3 | 33 | 35 | 10 |
| - of which private-sector project | 11 | 4 | 28 | 25 | 11 |
| Expected activity | 15 | 15 | 4 | 6 | 28 |
| - of which public-sector project | 16 | 21 | 15 | 14 | 36 |
| - of which private-sector project | 17 | 18 | 7 | 11 | 30 |
| Opinion on order books | 28 | 12 | 15 | 10 | 18 |
| Obstacles to production increase because of workforce shortage (in %) | 24 | 9 | 11 | 6 | 5 |
| Expected workforce | 16 | 7 | 5 | 13 | 23 |
n° 264 - October 25, 2012
Quaterly survey of public works - October 2012
Next issue End of July 2013 - July 2013
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