Informations rapides
26 March 2019
2019- n° 76
In March 2019, the business climate is virtually stable in the building construction industry Monthly survey of building - March 2019

According to the business managers in the building construction industry surveyed in March 2019, the business climate is virtually stable. After having recovered in February, the composite indicator stands at 112, its highest level since June 2008. It therefore remains largely above its long-term average (100).

Informations rapides
No 76
Paru le :Paru le26/03/2019
Prochaine parution le : 19/09/2025 at 08:45 - September 2025

According to the business managers in the building construction industry surveyed in March 2019, the business climate is virtually stable. After having recovered in February, the composite indicator stands at 112, its highest level since June 2008. It therefore remains largely above its long-term average (100).

Business climate composite indicator

Business climate composite indicator
Business climate composite indicator
1998-01 97.8
1998-02 99.1
1998-03 100.2
1998-04 100.1
1998-05 102.1
1998-06 103.3
1998-07 106.0
1998-08 106.0
1998-09 106.2
1998-10 103.5
1998-11 104.4
1998-12 103.2
1999-01 104.2
1999-02 105.1
1999-03 106.9
1999-04 108.2
1999-05 109.0
1999-06 107.6
1999-07 109.9
1999-08 111.7
1999-09 113.7
1999-10 114.6
1999-11 114.5
1999-12 117.8
2000-01 118.9
2000-02 117.9
2000-03 118.4
2000-04 122.3
2000-05 121.3
2000-06 123.6
2000-07 124.6
2000-08 124.5
2000-09 124.6
2000-10 125.5
2000-11 124.0
2000-12 122.8
2001-01 121.1
2001-02 121.7
2001-03 118.8
2001-04 117.6
2001-05 117.0
2001-06 116.7
2001-07 113.8
2001-08 113.1
2001-09 112.5
2001-10 111.7
2001-11 112.2
2001-12 111.1
2002-01 110.5
2002-02 110.6
2002-03 111.8
2002-04 110.0
2002-05 110.6
2002-06 110.6
2002-07 110.2
2002-08 108.2
2002-09 106.4
2002-10 105.6
2002-11 104.5
2002-12 104.6
2003-01 105.6
2003-02 105.9
2003-03 104.4
2003-04 105.6
2003-05 105.3
2003-06 104.2
2003-07 105.2
2003-08 106.5
2003-09 107.9
2003-10 106.4
2003-11 109.7
2003-12 110.3
2004-01 110.5
2004-02 108.5
2004-03 108.6
2004-04 110.9
2004-05 108.9
2004-06 106.7
2004-07 108.7
2004-08 108.4
2004-09 108.2
2004-10 108.8
2004-11 109.4
2004-12 109.5
2005-01 109.6
2005-02 109.2
2005-03 110.0
2005-04 110.5
2005-05 110.6
2005-06 111.7
2005-07 111.0
2005-08 111.4
2005-09 112.0
2005-10 113.5
2005-11 113.9
2005-12 114.1
2006-01 115.5
2006-02 115.0
2006-03 114.0
2006-04 114.9
2006-05 115.6
2006-06 115.4
2006-07 116.6
2006-08 116.7
2006-09 117.1
2006-10 117.2
2006-11 116.5
2006-12 117.4
2007-01 115.6
2007-02 115.3
2007-03 116.5
2007-04 115.9
2007-05 117.3
2007-06 118.4
2007-07 118.4
2007-08 117.8
2007-09 117.8
2007-10 116.5
2007-11 117.5
2007-12 117.4
2008-01 116.7
2008-02 118.2
2008-03 117.1
2008-04 115.4
2008-05 112.8
2008-06 111.2
2008-07 108.7
2008-08 109.1
2008-09 107.0
2008-10 104.4
2008-11 102.1
2008-12 99.2
2009-01 98.4
2009-02 93.8
2009-03 96.0
2009-04 94.6
2009-05 92.8
2009-06 93.8
2009-07 92.8
2009-08 93.5
2009-09 94.2
2009-10 94.4
2009-11 93.4
2009-12 93.2
2010-01 93.6
2010-02 94.0
2010-03 93.4
2010-04 93.4
2010-05 94.4
2010-06 94.9
2010-07 96.1
2010-08 96.6
2010-09 96.1
2010-10 97.4
2010-11 98.9
2010-12 100.5
2011-01 100.4
2011-02 101.3
2011-03 101.5
2011-04 102.3
2011-05 102.8
2011-06 103.4
2011-07 103.6
2011-08 102.9
2011-09 102.4
2011-10 102.3
2011-11 100.9
2011-12 101.1
2012-01 102.1
2012-02 101.3
2012-03 101.4
2012-04 100.4
2012-05 99.6
2012-06 99.1
2012-07 98.4
2012-08 98.1
2012-09 96.9
2012-10 96.5
2012-11 96.4
2012-12 95.9
2013-01 95.4
2013-02 94.8
2013-03 93.8
2013-04 94.0
2013-05 93.7
2013-06 93.3
2013-07 93.9
2013-08 94.2
2013-09 95.8
2013-10 95.8
2013-11 94.5
2013-12 94.4
2014-01 94.1
2014-02 94.3
2014-03 94.8
2014-04 93.8
2014-05 94.8
2014-06 92.5
2014-07 91.4
2014-08 90.6
2014-09 89.9
2014-10 89.1
2014-11 90.3
2014-12 89.9
2015-01 88.7
2015-02 89.4
2015-03 89.4
2015-04 88.6
2015-05 89.6
2015-06 90.5
2015-07 90.6
2015-08 91.6
2015-09 91.9
2015-10 92.0
2015-11 92.0
2015-12 92.4
2016-01 93.2
2016-02 93.0
2016-03 93.1
2016-04 94.4
2016-05 94.5
2016-06 94.7
2016-07 95.7
2016-08 96.3
2016-09 97.3
2016-10 98.1
2016-11 99.4
2016-12 98.1
2017-01 99.6
2017-02 100.1
2017-03 100.3
2017-04 100.3
2017-05 102.3
2017-06 103.2
2017-07 104.5
2017-08 103.5
2017-09 103.4
2017-10 105.1
2017-11 105.8
2017-12 108.9
2018-01 107.5
2018-02 106.8
2018-03 107.7
2018-04 107.6
2018-05 108.2
2018-06 108.3
2018-07 108.5
2018-08 108.1
2018-09 107.8
2018-10 107.9
2018-11 109.4
2018-12 109.7
2019-01 109.3
2019-02 111.3
2019-03 111.6

Business climate composite indicator

  • Source : INSEE

Business managers’ opinion on their past activity improves again

In March 2019, again more business managers than in the previous month have indicated an increase in their activity over the last three months. The corresponding balance, already above its long-term average, has risen and has reached a level unseen since May 2008. Business managers remain optimistic about their activity prospects: the balance of opinion on expected activity, virtually stable, stands well above its long-term average.

Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook (Balances of opinion, in %, SA)
Mean* Dec. 18 Jan. 19 Feb. 19 Mar. 19
Composite indicator 100 110 109 111 112
Past activity -3 6 6 12 16
Expected activity -5 13 17 15 16
Gen. business outlook -16 2
Past employment -5 5 2 7 5
Expected employment -4 14 6 18 11
Opinion on order books -23 -4 -6 -1 1
Order books (in month) 5,6 7,4 7,8 8,1 8,1
Production capacity utilisation rate 88.5 90.4 91.1 91.5 91.4
Obstacles to production increase (in %) 32 38 41 44 44
- Because of workforce shortage (in %) 14 22 24 23 23
Recruiting problems (in %) 58 74
Expected prices -14 4 9 10 4
Cash-flow position -10 -14
Repayment period 30 36
  • *Mean since April 1975 for the composite indicator and since September 1993 for the balances of opinion.
  • Source : INSEE, French business survey in the building industry

Activity tendency in building construction

Activity tendency in building construction
Expected activity Past activity
1998-01 -5.2 -3.8
1998-02 -4.4 0.7
1998-03 -1.0 5.6
1998-04 -2.2 2.7
1998-05 1.9 7.8
1998-06 5.6 13.6
1998-07 5.7 16.8
1998-08 7.0 18.3
1998-09 8.5 19.7
1998-10 3.8 13.5
1998-11 -2.9 16.0
1998-12 -14.0 3.1
1999-01 -1.2 18.0
1999-02 4.3 12.1
1999-03 4.5 15.2
1999-04 10.4 19.6
1999-05 23.2 18.4
1999-06 16.5 17.9
1999-07 19.1 23.3
1999-08 19.0 24.2
1999-09 19.0 24.9
1999-10 13.2 29.1
1999-11 15.1 28.0
1999-12 28.7 32.4
2000-01 31.4 34.8
2000-02 23.8 33.6
2000-03 26.2 34.9
2000-04 31.4 44.1
2000-05 26.7 35.1
2000-06 33.1 34.8
2000-07 34.5 40.5
2000-08 33.9 40.4
2000-09 33.5 40.4
2000-10 32.5 40.1
2000-11 27.2 40.1
2000-12 21.0 33.2
2001-01 6.8 34.8
2001-02 9.9 34.7
2001-03 11.6 30.4
2001-04 8.8 17.0
2001-05 3.5 19.3
2001-06 1.7 14.1
2001-07 0.3 12.0
2001-08 -2.4 7.0
2001-09 -4.7 2.5
2001-10 -7.5 1.8
2001-11 -5.9 -3.1
2001-12 -11.0 -1.7
2002-01 -4.8 -6.4
2002-02 -3.5 -3.1
2002-03 -3.9 -0.7
2002-04 -10.5 -7.5
2002-05 -2.1 -0.2
2002-06 -0.8 -0.4
2002-07 -4.3 -11.3
2002-08 -10.7 -11.0
2002-09 -16.4 -9.6
2002-10 -21.3 -11.5
2002-11 -20.2 -15.5
2002-12 -19.9 -19.5
2003-01 -23.1 -13.3
2003-02 -19.7 -15.2
2003-03 -23.7 -18.4
2003-04 -22.1 -15.5
2003-05 -17.3 -16.9
2003-06 -17.8 -15.7
2003-07 -13.1 -16.1
2003-08 -9.9 -10.4
2003-09 -5.8 -3.6
2003-10 -6.9 -13.3
2003-11 0.1 -9.6
2003-12 1.6 -5.3
2004-01 16.7 -1.3
2004-02 7.0 1.3
2004-03 8.4 3.1
2004-04 4.7 6.1
2004-05 3.1 6.3
2004-06 1.1 5.9
2004-07 10.9 6.9
2004-08 11.1 6.3
2004-09 12.1 6.9
2004-10 11.2 8.7
2004-11 12.4 13.4
2004-12 12.8 12.2
2005-01 13.7 11.1
2005-02 10.5 11.6
2005-03 12.5 8.3
2005-04 11.5 9.7
2005-05 12.5 9.2
2005-06 15.0 12.7
2005-07 13.8 15.4
2005-08 13.1 14.6
2005-09 13.1 15.3
2005-10 18.9 18.0
2005-11 23.6 19.3
2005-12 21.6 20.2
2006-01 22.8 20.5
2006-02 21.5 13.5
2006-03 15.4 17.5
2006-04 13.7 20.1
2006-05 16.7 21.0
2006-06 12.6 21.4
2006-07 15.0 21.2
2006-08 16.6 20.6
2006-09 18.7 22.6
2006-10 22.8 22.9
2006-11 23.7 20.6
2006-12 22.3 22.1
2007-01 24.1 20.2
2007-02 20.2 19.8
2007-03 16.8 22.5
2007-04 18.3 24.1
2007-05 19.9 22.4
2007-06 19.3 25.0
2007-07 16.9 25.0
2007-08 17.8 20.7
2007-09 19.4 20.6
2007-10 18.6 19.6
2007-11 13.8 21.5
2007-12 18.3 19.2
2008-01 9.8 18.7
2008-02 16.5 18.0
2008-03 16.4 15.6
2008-04 7.8 16.3
2008-05 9.3 9.6
2008-06 -5.8 5.0
2008-07 -8.2 -0.3
2008-08 -4.8 0.3
2008-09 -9.4 -0.9
2008-10 -30.1 -10.7
2008-11 -36.2 -11.4
2008-12 -29.8 -21.0
2009-01 -33.6 -19.6
2009-02 -45.5 -25.8
2009-03 -37.5 -24.3
2009-04 -37.5 -30.0
2009-05 -34.9 -29.2
2009-06 -34.7 -33.1
2009-07 -34.2 -33.3
2009-08 -26.5 -31.2
2009-09 -24.5 -28.3
2009-10 -18.1 -25.0
2009-11 -20.7 -26.2
2009-12 -20.1 -26.5
2010-01 -19.3 -26.6
2010-02 -17.1 -23.7
2010-03 -18.1 -26.1
2010-04 -18.4 -25.3
2010-05 -18.4 -20.7
2010-06 -15.8 -17.6
2010-07 -13.7 -14.0
2010-08 -10.3 -12.6
2010-09 -12.6 -13.1
2010-10 -1.5 -13.2
2010-11 -1.0 -12.9
2010-12 -1.6 -7.9
2011-01 -0.9 -8.5
2011-02 4.3 -3.7
2011-03 3.4 1.7
2011-04 4.8 8.4
2011-05 1.5 6.0
2011-06 4.0 6.2
2011-07 3.1 8.3
2011-08 0.4 1.7
2011-09 -4.0 -0.6
2011-10 -2.7 -2.3
2011-11 -9.8 -4.4
2011-12 -12.7 -4.5
2012-01 -10.9 -1.6
2012-02 -11.4 -3.6
2012-03 -9.7 -5.5
2012-04 -11.9 -8.6
2012-05 -15.2 -13.5
2012-06 -14.2 -13.5
2012-07 -18.2 -15.0
2012-08 -20.4 -15.0
2012-09 -19.6 -15.0
2012-10 -24.7 -18.5
2012-11 -24.0 -21.3
2012-12 -22.9 -20.7
2013-01 -24.6 -21.6
2013-02 -21.5 -23.0
2013-03 -23.5 -23.7
2013-04 -24.3 -28.1
2013-05 -21.3 -26.8
2013-06 -24.2 -26.5
2013-07 -23.3 -22.2
2013-08 -21.9 -16.6
2013-09 -11.4 -13.2
2013-10 -15.1 -13.6
2013-11 -15.2 -13.0
2013-12 -19.1 -20.5
2014-01 -15.8 -20.8
2014-02 -20.6 -17.0
2014-03 -18.1 -17.0
2014-04 -21.7 -17.3
2014-05 -19.4 -19.0
2014-06 -18.3 -18.4
2014-07 -28.5 -18.2
2014-08 -30.2 -24.9
2014-09 -28.9 -29.9
2014-10 -30.0 -32.1
2014-11 -22.8 -25.3
2014-12 -27.8 -23.5
2015-01 -32.7 -23.1
2015-02 -24.4 -29.8
2015-03 -24.2 -27.1
2015-04 -22.8 -20.2
2015-05 -26.2 -21.7
2015-06 -21.3 -20.5
2015-07 -16.6 -22.0
2015-08 -12.2 -17.8
2015-09 -12.4 -17.4
2015-10 -15.5 -15.0
2015-11 -18.0 -15.6
2015-12 -7.2 -12.2
2016-01 -8.1 -14.8
2016-02 -17.0 -14.4
2016-03 -9.3 -13.2
2016-04 -3.5 -12.2
2016-05 -2.2 -8.3
2016-06 -3.5 -10.0
2016-07 -0.3 -9.2
2016-08 -7.0 -6.2
2016-09 1.2 -6.9
2016-10 3.2 -1.1
2016-11 4.1 -0.1
2016-12 0.2 -6.3
2017-01 -2.1 5.3
2017-02 -1.4 -0.2
2017-03 2.7 -0.2
2017-04 7.6 -4.7
2017-05 1.7 3.8
2017-06 2.8 9.1
2017-07 10.7 6.1
2017-08 9.3 2.9
2017-09 9.4 8.0
2017-10 8.2 4.3
2017-11 16.7 8.3
2017-12 15.7 12.4
2018-01 14.3 14.0
2018-02 10.5 15.5
2018-03 12.0 15.3
2018-04 14.8 13.1
2018-05 12.3 4.9
2018-06 11.8 2.5
2018-07 5.8 9.6
2018-08 0.1 9.9
2018-09 9.6 2.1
2018-10 10.4 2.6
2018-11 12.6 1.9
2018-12 13.2 5.6
2019-01 16.6 6.4
2019-02 15.1 12.1
2019-03 16.2 15.8

Activity tendency in building construction

  • Source : INSEE

Fewer business managers indicate an increase in their past and expected staff size

In March 2019, fewer business managers than in February have reported an increase in their staff size over the last three months. The corresponding balance has slipped back while remaining above its long-term average. Moreover, employment prospects have deteriorated: the balance of opinion on expected staff size has slipped back sharply, after reaching in February its highest level since May 2008. It remains however well above its long-term average.

Workforce size tendency in building construction

Workforce size tendency in building construction
Expected workforce size Past workforce size
1998-01 -14.3 -15.5
1998-02 -16.3 -15.6
1998-03 -10.2 -13.5
1998-04 -10.4 -11.7
1998-05 -8.4 -6.6
1998-06 -9.3 -5.2
1998-07 -4.2 -2.2
1998-08 -3.9 -0.8
1998-09 -3.9 1.4
1998-10 -7.3 -2.0
1998-11 -8.2 -0.5
1998-12 -7.5 0.2
1999-01 -7.9 -2.0
1999-02 -2.3 0.1
1999-03 -3.7 3.1
1999-04 -2.2 1.9
1999-05 6.8 0.2
1999-06 8.8 -0.2
1999-07 12.5 8.3
1999-08 12.9 12.2
1999-09 13.0 16.7
1999-10 15.7 16.6
1999-11 18.3 14.4
1999-12 19.6 20.6
2000-01 22.7 18.8
2000-02 19.5 18.3
2000-03 22.9 16.2
2000-04 21.9 28.7
2000-05 14.1 24.0
2000-06 23.8 24.5
2000-07 23.2 28.6
2000-08 26.4 27.4
2000-09 29.5 26.5
2000-10 35.4 28.7
2000-11 27.7 28.7
2000-12 25.1 26.0
2001-01 20.6 20.8
2001-02 17.3 23.3
2001-03 12.7 19.3
2001-04 12.4 12.1
2001-05 13.0 14.8
2001-06 11.2 13.6
2001-07 11.9 8.1
2001-08 9.1 6.8
2001-09 6.2 5.7
2001-10 5.6 2.0
2001-11 6.5 3.9
2001-12 7.4 1.3
2002-01 8.6 2.9
2002-02 9.4 1.3
2002-03 9.3 2.9
2002-04 6.3 -1.0
2002-05 5.3 -0.3
2002-06 5.6 -0.9
2002-07 0.6 -0.9
2002-08 -1.3 -2.3
2002-09 -3.2 -3.6
2002-10 10.1 -3.1
2002-11 -5.7 -2.9
2002-12 -4.9 -2.7
2003-01 -1.3 0.1
2003-02 -2.2 1.4
2003-03 -3.7 -2.5
2003-04 -1.5 4.5
2003-05 -2.6 -0.4
2003-06 -1.0 -0.5
2003-07 0.9 0.2
2003-08 2.7 1.3
2003-09 4.5 2.3
2003-10 5.1 -0.7
2003-11 8.4 6.1
2003-12 12.4 6.5
2004-01 12.6 6.7
2004-02 2.3 2.2
2004-03 3.3 2.0
2004-04 8.2 7.8
2004-05 6.9 3.4
2004-06 4.9 0.1
2004-07 5.2 1.7
2004-08 6.7 0.5
2004-09 8.4 -1.0
2004-10 7.5 -0.4
2004-11 10.9 -0.5
2004-12 11.7 1.4
2005-01 9.2 0.7
2005-02 9.5 0.1
2005-03 12.5 5.5
2005-04 15.2 6.9
2005-05 14.2 6.7
2005-06 14.0 8.2
2005-07 16.9 3.9
2005-08 15.2 6.0
2005-09 13.7 7.9
2005-10 15.9 9.7
2005-11 19.6 11.5
2005-12 17.0 12.7
2006-01 18.4 18.9
2006-02 20.2 19.9
2006-03 19.2 13.3
2006-04 18.2 16.0
2006-05 20.5 18.2
2006-06 21.8 17.9
2006-07 20.3 20.4
2006-08 22.2 21.1
2006-09 24.4 21.7
2006-10 26.1 21.6
2006-11 23.8 19.8
2006-12 26.3 18.5
2007-01 27.0 19.2
2007-02 25.3 21.4
2007-03 24.6 20.5
2007-04 22.9 20.6
2007-05 25.5 20.2
2007-06 28.6 23.4
2007-07 25.4 21.6
2007-08 24.6 21.8
2007-09 24.2 22.1
2007-10 23.1 16.6
2007-11 26.7 21.7
2007-12 21.5 21.0
2008-01 19.9 22.6
2008-02 15.9 21.4
2008-03 22.3 23.0
2008-04 23.0 21.1
2008-05 15.5 12.9
2008-06 13.8 13.6
2008-07 11.9 13.4
2008-08 9.5 9.3
2008-09 4.8 5.9
2008-10 -1.4 5.8
2008-11 -8.7 -0.9
2008-12 -12.5 -2.3
2009-01 -16.9 -8.7
2009-02 -17.9 -8.2
2009-03 -22.4 -12.8
2009-04 -20.9 -18.5
2009-05 -20.2 -17.9
2009-06 -20.1 -17.9
2009-07 -20.3 -20.7
2009-08 -19.0 -19.2
2009-09 -17.0 -19.1
2009-10 -15.9 -19.2
2009-11 -15.3 -18.8
2009-12 -14.5 -18.8
2010-01 -12.8 -18.3
2010-02 -15.8 -17.2
2010-03 -13.1 -16.8
2010-04 -14.1 -16.6
2010-05 -14.6 -13.9
2010-06 -15.4 -15.8
2010-07 -13.4 -10.8
2010-08 -11.3 -12.0
2010-09 -7.7 -11.0
2010-10 -7.7 -11.9
2010-11 -3.8 -7.6
2010-12 -1.7 -4.4
2011-01 -1.3 -4.2
2011-02 3.1 -5.1
2011-03 3.6 -3.1
2011-04 4.8 0.2
2011-05 7.3 -0.3
2011-06 6.8 3.3
2011-07 7.7 3.3
2011-08 3.4 3.8
2011-09 -0.8 2.6
2011-10 -6.2 -2.2
2011-11 -7.4 -8.8
2011-12 -5.3 -6.4
2012-01 -3.8 -4.2
2012-02 -3.9 -5.4
2012-03 -9.0 -6.9
2012-04 -9.3 -8.7
2012-05 -12.6 -8.9
2012-06 -11.3 -7.6
2012-07 -15.3 -11.9
2012-08 -14.7 -11.2
2012-09 -16.7 -15.9
2012-10 -14.6 -10.0
2012-11 -14.9 -10.8
2012-12 -16.2 -13.3
2013-01 -15.6 -14.5
2013-02 -15.9 -17.0
2013-03 -18.0 -17.9
2013-04 -13.6 -14.1
2013-05 -19.0 -16.1
2013-06 -18.2 -18.5
2013-07 -17.9 -18.2
2013-08 -16.0 -19.9
2013-09 -14.7 -18.5
2013-10 -10.4 -13.4
2013-11 -16.7 -18.1
2013-12 -17.6 -16.7
2014-01 -19.5 -19.0
2014-02 -21.1 -19.4
2014-03 -18.5 -18.7
2014-04 -19.4 -22.6
2014-05 -19.3 -15.3
2014-06 -23.5 -26.5
2014-07 -21.8 -25.6
2014-08 -26.9 -26.6
2014-09 -28.1 -28.8
2014-10 -26.0 -28.7
2014-11 -22.6 -24.8
2014-12 -24.3 -25.8
2015-01 -29.5 -29.3
2015-02 -24.4 -24.5
2015-03 -25.3 -26.6
2015-04 -27.4 -34.4
2015-05 -27.4 -29.8
2015-06 -20.3 -26.4
2015-07 -24.0 -28.9
2015-08 -23.1 -25.2
2015-09 -21.9 -25.0
2015-10 -23.4 -26.7
2015-11 -21.4 -28.3
2015-12 -23.3 -27.4
2016-01 -20.3 -24.7
2016-02 -20.6 -25.2
2016-03 -20.4 -27.0
2016-04 -17.9 -23.5
2016-05 -16.2 -23.8
2016-06 -17.2 -23.9
2016-07 -16.3 -21.3
2016-08 -13.3 -21.1
2016-09 -10.1 -18.9
2016-10 -8.9 -17.5
2016-11 -11.1 -14.7
2016-12 -8.4 -15.2
2017-01 -7.3 -14.2
2017-02 -7.6 -12.4
2017-03 -6.5 -10.8
2017-04 -5.0 -15.6
2017-05 -1.5 -7.3
2017-06 1.1 -6.7
2017-07 5.2 -2.9
2017-08 1.9 -8.0
2017-09 2.4 -7.6
2017-10 3.3 -5.4
2017-11 1.9 -5.5
2017-12 12.0 7.1
2018-01 8.8 -1.3
2018-02 6.4 -3.6
2018-03 13.0 1.4
2018-04 11.7 3.4
2018-05 9.3 7.9
2018-06 8.8 3.7
2018-07 15.6 3.9
2018-08 14.6 3.2
2018-09 15.1 3.6
2018-10 8.3 4.7
2018-11 14.4 9.4
2018-12 14.2 5.5
2019-01 6.0 2.1
2019-02 17.9 7.0
2019-03 11.0 5.5

Workforce size tendency in building construction

  • Source : INSEE

More business managers consider that their order books are well filled

In March 2019, more business managers than in the previous month consider that their order books are well filled. The corresponding balance of opinion has increased again and has reached its highest level since May 2008, far above its long-term average. With their present staff size, business managers consider that their order books provide 8.1 months of work, the same volume as last month and much greater than the long-term average (5.6 months).

Order books

Order books
Opinion on order books (left scale) Order books (right scale)
1998-01 -38.4 3.5
1998-02 -31.7 3.6
1998-03 -30.6 3.6
1998-04 -32.0 3.6
1998-05 -28.4 3.7
1998-06 -25.5 3.8
1998-07 -14.0 3.9
1998-08 -16.5 3.9
1998-09 -17.6 4.0
1998-10 -22.3 4.0
1998-11 -20.3 4.0
1998-12 -21.4 4.0
1999-01 -21.3 4.1
1999-02 -20.1 4.1
1999-03 -14.3 4.2
1999-04 -8.4 4.3
1999-05 -6.5 4.2
1999-06 -12.3 4.1
1999-07 -6.9 4.2
1999-08 -1.9 4.2
1999-09 4.6 4.3
1999-10 10.3 4.3
1999-11 10.1 4.4
1999-12 17.1 4.6
2000-01 23.7 4.7
2000-02 20.0 4.7
2000-03 24.4 4.9
2000-04 29.6 5.0
2000-05 30.7 5.3
2000-06 38.5 5.3
2000-07 41.4 5.4
2000-08 39.9 5.5
2000-09 39.8 5.5
2000-10 42.8 5.6
2000-11 34.8 5.6
2000-12 35.2 5.4
2001-01 34.4 5.4
2001-02 34.5 5.4
2001-03 20.8 5.3
2001-04 27.0 5.3
2001-05 22.8 5.2
2001-06 24.6 5.2
2001-07 16.6 5.1
2001-08 15.2 5.1
2001-09 15.1 5.1
2001-10 11.9 5.1
2001-11 17.5 5.2
2001-12 13.9 5.4
2002-01 8.3 5.1
2002-02 9.8 5.3
2002-03 12.6 5.5
2002-04 10.0 5.3
2002-05 8.9 5.3
2002-06 9.1 5.5
2002-07 11.4 5.5
2002-08 2.4 5.3
2002-09 -5.6 5.0
2002-10 -8.8 5.2
2002-11 -13.4 5.0
2002-12 -11.8 5.0
2003-01 -9.9 5.3
2003-02 -8.9 5.1
2003-03 -10.9 4.9
2003-04 -12.2 5.2
2003-05 -10.4 5.2
2003-06 -16.6 4.9
2003-07 -13.9 4.9
2003-08 -9.9 5.0
2003-09 -4.9 5.1
2003-10 -7.4 5.0
2003-11 1.7 5.4
2003-12 3.7 5.5
2004-01 -1.9 5.6
2004-02 -8.3 5.5
2004-03 -7.6 5.5
2004-04 1.3 5.8
2004-05 -6.5 5.8
2004-06 -16.1 5.7
2004-07 -8.7 5.8
2004-08 -10.1 5.8
2004-09 -10.7 5.7
2004-10 -7.8 5.8
2004-11 -5.6 5.9
2004-12 -6.8 5.9
2005-01 -5.2 5.9
2005-02 -6.2 5.8
2005-03 -7.1 5.8
2005-04 -5.4 5.8
2005-05 -6.0 5.9
2005-06 -2.7 6.0
2005-07 -2.8 6.0
2005-08 -1.9 6.1
2005-09 -0.4 6.1
2005-10 3.5 6.1
2005-11 2.1 6.1
2005-12 3.0 6.1
2006-01 4.9 6.1
2006-02 4.1 6.2
2006-03 4.9 6.2
2006-04 6.8 6.1
2006-05 7.7 5.9
2006-06 6.3 6.2
2006-07 9.2 6.3
2006-08 8.8 6.3
2006-09 9.0 6.3
2006-10 8.5 6.2
2006-11 7.2 6.2
2006-12 13.7 6.4
2007-01 1.5 6.4
2007-02 -1.3 6.5
2007-03 6.5 6.4
2007-04 1.2 6.5
2007-05 10.5 6.5
2007-06 13.7 6.5
2007-07 15.5 6.6
2007-08 13.5 6.7
2007-09 12.9 6.8
2007-10 11.0 6.8
2007-11 11.5 6.8
2007-12 10.9 6.7
2008-01 9.5 6.7
2008-02 16.7 6.7
2008-03 9.7 6.8
2008-04 4.0 6.7
2008-05 -0.5 6.7
2008-06 -5.3 6.8
2008-07 -16.9 6.7
2008-08 -10.9 6.4
2008-09 -14.9 6.2
2008-10 -22.0 6.2
2008-11 -25.9 5.9
2008-12 -35.5 5.7
2009-01 -32.9 5.9
2009-02 -44.3 5.6
2009-03 -33.9 5.6
2009-04 -40.4 5.5
2009-05 -51.8 5.5
2009-06 -43.7 5.5
2009-07 -46.0 5.5
2009-08 -46.9 5.5
2009-09 -45.4 5.5
2009-10 -45.7 5.4
2009-11 -50.0 5.5
2009-12 -47.4 5.5
2010-01 -48.3 5.6
2010-02 -49.1 5.7
2010-03 -50.1 5.8
2010-04 -50.1 5.8
2010-05 -47.8 5.8
2010-06 -47.1 5.9
2010-07 -46.3 5.9
2010-08 -43.5 5.9
2010-09 -43.4 5.9
2010-10 -39.3 5.9
2010-11 -35.8 6.0
2010-12 -34.3 6.1
2011-01 -34.1 6.2
2011-02 -31.5 6.5
2011-03 -33.8 6.2
2011-04 -36.2 6.3
2011-05 -31.3 6.3
2011-06 -31.4 6.3
2011-07 -30.7 6.4
2011-08 -31.9 6.4
2011-09 -33.0 6.5
2011-10 -29.7 6.9
2011-11 -29.0 7.0
2011-12 -28.7 6.8
2012-01 -26.6 6.9
2012-02 -28.9 6.9
2012-03 -26.9 6.9
2012-04 -28.9 6.8
2012-05 -31.4 6.8
2012-06 -35.2 6.8
2012-07 -33.6 6.7
2012-08 -34.4 6.8
2012-09 -35.7 7.1
2012-10 -38.3 7.2
2012-11 -39.2 7.3
2012-12 -39.6 7.1
2013-01 -42.0 7.1
2013-02 -43.3 7.2
2013-03 -46.2 7.0
2013-04 -46.7 7.0
2013-05 -47.9 7.1
2013-06 -47.3 7.0
2013-07 -45.9 7.0
2013-08 -44.8 7.0
2013-09 -41.8 7.0
2013-10 -44.8 7.0
2013-11 -47.5 6.9
2013-12 -48.8 6.4
2014-01 -46.8 6.8
2014-02 -45.5 6.7
2014-03 -43.4 6.7
2014-04 -44.6 6.8
2014-05 -44.5 6.9
2014-06 -46.8 6.8
2014-07 -51.1 6.3
2014-08 -52.6 6.6
2014-09 -53.2 6.5
2014-10 -56.5 6.4
2014-11 -56.6 6.4
2014-12 -57.5 6.5
2015-01 -58.9 6.1
2015-02 -59.3 6.3
2015-03 -58.2 6.5
2015-04 -57.6 6.5
2015-05 -54.8 6.5
2015-06 -55.9 6.5
2015-07 -53.9 6.4
2015-08 -53.3 6.5
2015-09 -52.2 6.5
2015-10 -50.7 6.4
2015-11 -48.4 6.5
2015-12 -50.6 6.5
2016-01 -48.2 6.6
2016-02 -48.0 6.6
2016-03 -47.8 6.7
2016-04 -45.5 6.7
2016-05 -46.3 6.6
2016-06 -44.7 6.4
2016-07 -43.3 6.8
2016-08 -41.2 6.8
2016-09 -38.1 6.8
2016-10 -37.6 6.8
2016-11 -33.8 6.8
2016-12 -38.2 6.9
2017-01 -33.3 6.9
2017-02 -30.8 7.0
2017-03 -32.8 7.0
2017-04 -28.2 6.8
2017-05 -26.1 7.1
2017-06 -23.4 7.2
2017-07 -21.5 7.3
2017-08 -20.6 7.3
2017-09 -23.2 7.3
2017-10 -14.7 7.4
2017-11 -15.7 7.5
2017-12 -12.4 7.6
2018-01 -11.2 7.3
2018-02 -12.9 7.5
2018-03 -12.5 7.3
2018-04 -15.9 7.3
2018-05 -13.8 7.3
2018-06 -8.9 7.3
2018-07 -8.1 7.3
2018-08 -8.7 7.3
2018-09 -11.1 7.2
2018-10 -11.8 7.3
2018-11 -7.4 7.6
2018-12 -3.8 7.4
2019-01 -6.2 7.8
2019-02 -1.4 8.1
2019-03 0.7 8.1

Order books

  • Source : INSEE

The turning point indicator remains in the area indicating a favourable economic situation.

Turning-point indicator

Turning-point indicator
Turning-point indicator
2010-01 0.5
2010-02 0.83
2010-03 0.83
2010-04 -0.33
2010-05 -0.13
2010-06 -0.03
2010-07 0.39
2010-08 0.47
2010-09 0.55
2010-10 0.52
2010-11 0.89
2010-12 0.96
2011-01 0.97
2011-02 0.97
2011-03 0.96
2011-04 0.99
2011-05 0.96
2011-06 0.92
2011-07 0.96
2011-08 0.91
2011-09 0.77
2011-10 0.73
2011-11 0.51
2011-12 0.62
2012-01 0.96
2012-02 -0.03
2012-03 -0.7
2012-04 -0.98
2012-05 -0.98
2012-06 -0.77
2012-07 -0.93
2012-08 -0.93
2012-09 -0.85
2012-10 -0.66
2012-11 -0.53
2012-12 -0.86
2013-01 -0.96
2013-02 -0.92
2013-03 -0.99
2013-04 -0.85
2013-05 -0.72
2013-06 -0.94
2013-07 -0.83
2013-08 -0.47
2013-09 0.38
2013-10 0.34
2013-11 -0.77
2013-12 -0.94
2014-01 -0.91
2014-02 -0.97
2014-03 -0.62
2014-04 -0.78
2014-05 -0.58
2014-06 -0.87
2014-07 -0.93
2014-08 -0.91
2014-09 -0.96
2014-10 -0.96
2014-11 -0.61
2014-12 -0.78
2015-01 -0.95
2015-02 -0.54
2015-03 -0.85
2015-04 -0.79
2015-05 -0.66
2015-06 0.55
2015-07 0.13
2015-08 0.46
2015-09 0.52
2015-10 0.07
2015-11 0.14
2015-12 0.07
2016-01 0.42
2016-02 -0.39
2016-03 -0.38
2016-04 0.46
2016-05 0.52
2016-06 -0.27
2016-07 0.63
2016-08 0.89
2016-09 0.94
2016-10 0.98
2016-11 0.97
2016-12 0.87
2017-01 0.91
2017-02 0.92
2017-03 0.98
2017-04 0.92
2017-05 0.97
2017-06 0.99
2017-07 0.99
2017-08 0.63
2017-09 0.57
2017-10 0.76
2017-11 0.91
2017-12 0.97
2018-01 0.43
2018-02 0.05
2018-03 0.33
2018-04 0.41
2018-05 0.41
2018-06 -0.35
2018-07 -0.53
2018-08 -0.33
2018-09 0.16
2018-10 0.25
2018-11 0.62
2018-12 0.66
2019-01 0.66
2019-02 0.89
2019-03 0.6

Turning-point indicator

  • Note: close to 1 (respectively –1), it indicates a favourable climate (respectively unfavourable). The uncertainty area is between –0.3 and +0.3,
  • Source : INSEE

Production bottlenecks remain important

In March 2019, the production capacity utilisation rate is virtually stable after having increased in the previous month. At 91.4%, it stands above its long-term average (88.5%), as for a year and a half. At the same time, 44% of business managers have reported production bottlenecks, against one out of three on long-term average. This share is stable in March 2019, at its highest level since September 2008. Moreover, 23% of business managers have declared production bottlenecks due to workforce shortage, as last month, a share much higher than the long-term average (14%).

Production capacity utilisation rate

Production capacity utilisation rate
Production capacity utilisation rate
1998-01 86.8
1998-02 86.8
1998-03 87.1
1998-04 87.2
1998-05 87.3
1998-06 87.4
1998-07 87.8
1998-08 87.8
1998-09 87.5
1998-10 85.7
1998-11 86.6
1998-12 87.1
1999-01 86.7
1999-02 87.7
1999-03 88.4
1999-04 88.4
1999-05 88.9
1999-06 88.8
1999-07 87.9
1999-08 88.6
1999-09 88.9
1999-10 89.1
1999-11 89.6
1999-12 90.4
2000-01 90.7
2000-02 90.9
2000-03 90.6
2000-04 91.3
2000-05 92.0
2000-06 93.7
2000-07 92.3
2000-08 93.2
2000-09 93.9
2000-10 94.2
2000-11 94.3
2000-12 94.0
2001-01 93.6
2001-02 93.7
2001-03 93.9
2001-04 93.7
2001-05 93.1
2001-06 93.1
2001-07 91.9
2001-08 92.2
2001-09 92.1
2001-10 93.1
2001-11 92.2
2001-12 92.2
2002-01 92.2
2002-02 91.9
2002-03 92.8
2002-04 92.7
2002-05 92.4
2002-06 92.4
2002-07 92.6
2002-08 92.4
2002-09 92.0
2002-10 91.8
2002-11 91.4
2002-12 91.4
2003-01 91.5
2003-02 91.3
2003-03 90.8
2003-04 90.9
2003-05 91.1
2003-06 90.7
2003-07 91.3
2003-08 91.3
2003-09 91.1
2003-10 91.1
2003-11 91.5
2003-12 91.3
2004-01 91.6
2004-02 91.7
2004-03 91.3
2004-04 91.3
2004-05 91.3
2004-06 91.4
2004-07 91.5
2004-08 91.7
2004-09 91.8
2004-10 91.8
2004-11 91.7
2004-12 91.8
2005-01 91.8
2005-02 91.8
2005-03 92.0
2005-04 91.8
2005-05 92.3
2005-06 92.4
2005-07 92.1
2005-08 92.1
2005-09 92.2
2005-10 92.5
2005-11 92.8
2005-12 92.5
2006-01 92.5
2006-02 92.3
2006-03 92.4
2006-04 92.4
2006-05 92.6
2006-06 92.9
2006-07 93.5
2006-08 93.6
2006-09 93.7
2006-10 93.7
2006-11 93.5
2006-12 93.6
2007-01 93.6
2007-02 93.7
2007-03 93.9
2007-04 93.9
2007-05 94.1
2007-06 94.0
2007-07 94.1
2007-08 93.9
2007-09 93.8
2007-10 93.9
2007-11 94.3
2007-12 94.4
2008-01 93.8
2008-02 94.3
2008-03 94.1
2008-04 93.8
2008-05 93.4
2008-06 93.3
2008-07 92.8
2008-08 92.8
2008-09 91.4
2008-10 91.2
2008-11 90.8
2008-12 88.8
2009-01 88.6
2009-02 84.1
2009-03 86.0
2009-04 88.1
2009-05 87.5
2009-06 87.5
2009-07 87.1
2009-08 87.4
2009-09 87.6
2009-10 87.3
2009-11 86.8
2009-12 85.3
2010-01 86.3
2010-02 86.4
2010-03 85.8
2010-04 85.5
2010-05 85.4
2010-06 86.4
2010-07 86.2
2010-08 86.4
2010-09 85.0
2010-10 85.7
2010-11 86.2
2010-12 87.3
2011-01 87.1
2011-02 87.3
2011-03 87.4
2011-04 87.8
2011-05 87.8
2011-06 87.6
2011-07 87.7
2011-08 87.4
2011-09 87.9
2011-10 88.4
2011-11 88.5
2011-12 88.3
2012-01 88.4
2012-02 88.2
2012-03 88.2
2012-04 88.1
2012-05 88.2
2012-06 87.9
2012-07 87.9
2012-08 87.5
2012-09 86.8
2012-10 85.7
2012-11 86.3
2012-12 86.2
2013-01 86.7
2013-02 86.6
2013-03 85.8
2013-04 85.7
2013-05 85.8
2013-06 85.9
2013-07 85.8
2013-08 86.0
2013-09 86.5
2013-10 86.0
2013-11 85.8
2013-12 86.9
2014-01 86.2
2014-02 86.1
2014-03 86.1
2014-04 86.0
2014-05 85.5
2014-06 85.2
2014-07 84.9
2014-08 85.1
2014-09 85.0
2014-10 84.7
2014-11 84.5
2014-12 84.5
2015-01 84.0
2015-02 84.0
2015-03 84.0
2015-04 83.8
2015-05 84.0
2015-06 84.5
2015-07 84.6
2015-08 84.4
2015-09 84.4
2015-10 84.7
2015-11 84.8
2015-12 84.8
2016-01 85.1
2016-02 85.7
2016-03 85.4
2016-04 85.5
2016-05 85.7
2016-06 85.8
2016-07 86.1
2016-08 87.0
2016-09 86.6
2016-10 86.7
2016-11 87.0
2016-12 87.0
2017-01 87.1
2017-02 87.4
2017-03 87.5
2017-04 87.7
2017-05 87.9
2017-06 87.9
2017-07 88.2
2017-08 88.2
2017-09 88.1
2017-10 88.7
2017-11 89.2
2017-12 89.8
2018-01 89.5
2018-02 89.4
2018-03 89.3
2018-04 89.6
2018-05 89.8
2018-06 90.2
2018-07 90.0
2018-08 90.2
2018-09 90.4
2018-10 90.2
2018-11 90.0
2018-12 90.4
2019-01 91.1
2019-02 91.5
2019-03 91.4

Production capacity utilisation rate

  • Source : INSEE

Far fewer business managers plan to rise their prices

In March 2019, far fewer business managers than in February have announced that they will increase their prices over the next three months. The corresponding balance has slipped back sharply and has returned to its December 2018 level, however well above its long-term average.

For further information

A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.

Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.

Next issue: 24 April 2019 at 8:45 am

Pour en savoir plus

A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.

Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.

Next issue: 24 April 2019 at 8:45 am

: bureau-de-presse@insee.fr