Informations rapides
24 September 2019
2019- n° 245
In September 2019, the business climate remains very favourable in the building construction industry Monthly survey of building - September 2019

According to the business managers in the building construction industry surveyed in September 2019, the business climate remains practically stable. The composite indicator stands at 112 and has been around 111 for eight months, largely above its long-term average (100).

Informations rapides
No 245
Paru le :Paru le24/09/2019
Prochaine parution le : 19/09/2025 at 08:45 - September 2025

According to the business managers in the building construction industry surveyed in September 2019, the business climate remains practically stable. The composite indicator stands at 112 and has been around 111 for eight months, largely above its long-term average (100).

Business climate composite indicator

Business climate composite indicator
Business climate composite indicator
1998-01 97.7
1998-02 99.1
1998-03 100.2
1998-04 100.0
1998-05 101.9
1998-06 103.0
1998-07 105.8
1998-08 105.7
1998-09 105.9
1998-10 103.4
1998-11 104.4
1998-12 103.3
1999-01 104.2
1999-02 105.1
1999-03 106.8
1999-04 108.0
1999-05 108.8
1999-06 107.3
1999-07 109.6
1999-08 111.4
1999-09 113.4
1999-10 114.5
1999-11 114.5
1999-12 117.9
2000-01 118.9
2000-02 117.9
2000-03 118.3
2000-04 122.1
2000-05 121.0
2000-06 123.3
2000-07 124.2
2000-08 124.2
2000-09 124.3
2000-10 125.4
2000-11 124.0
2000-12 122.9
2001-01 121.1
2001-02 121.7
2001-03 118.7
2001-04 117.4
2001-05 116.8
2001-06 116.4
2001-07 113.5
2001-08 112.9
2001-09 112.3
2001-10 111.7
2001-11 112.2
2001-12 111.1
2002-01 110.5
2002-02 110.5
2002-03 111.6
2002-04 109.9
2002-05 110.4
2002-06 110.4
2002-07 110.0
2002-08 108.1
2002-09 106.3
2002-10 105.6
2002-11 104.4
2002-12 104.5
2003-01 105.5
2003-02 105.8
2003-03 104.2
2003-04 105.5
2003-05 105.1
2003-06 104.0
2003-07 105.0
2003-08 106.3
2003-09 107.8
2003-10 106.4
2003-11 109.6
2003-12 110.2
2004-01 110.3
2004-02 108.3
2004-03 108.5
2004-04 110.9
2004-05 108.7
2004-06 106.6
2004-07 108.6
2004-08 108.3
2004-09 108.1
2004-10 108.7
2004-11 109.2
2004-12 109.3
2005-01 109.4
2005-02 109.1
2005-03 109.9
2005-04 110.4
2005-05 110.4
2005-06 111.6
2005-07 110.9
2005-08 111.3
2005-09 111.8
2005-10 113.3
2005-11 113.8
2005-12 113.9
2006-01 115.3
2006-02 114.8
2006-03 114.0
2006-04 114.8
2006-05 115.5
2006-06 115.3
2006-07 116.5
2006-08 116.6
2006-09 116.9
2006-10 117.0
2006-11 116.4
2006-12 117.2
2007-01 115.3
2007-02 115.1
2007-03 116.4
2007-04 115.8
2007-05 117.2
2007-06 118.3
2007-07 118.3
2007-08 117.6
2007-09 117.6
2007-10 116.2
2007-11 117.3
2007-12 117.1
2008-01 116.5
2008-02 118.0
2008-03 117.0
2008-04 115.4
2008-05 112.8
2008-06 111.1
2008-07 108.6
2008-08 109.0
2008-09 106.9
2008-10 104.0
2008-11 102.0
2008-12 99.0
2009-01 98.2
2009-02 93.6
2009-03 95.9
2009-04 94.5
2009-05 92.7
2009-06 93.8
2009-07 92.8
2009-08 93.4
2009-09 94.0
2009-10 94.2
2009-11 93.3
2009-12 93.1
2010-01 93.4
2010-02 93.8
2010-03 93.3
2010-04 93.3
2010-05 94.3
2010-06 94.8
2010-07 96.0
2010-08 96.5
2010-09 96.0
2010-10 97.1
2010-11 98.8
2010-12 100.4
2011-01 100.3
2011-02 101.1
2011-03 101.4
2011-04 102.2
2011-05 102.6
2011-06 103.2
2011-07 103.5
2011-08 102.8
2011-09 102.2
2011-10 102.0
2011-11 100.8
2011-12 101.0
2012-01 102.0
2012-02 101.1
2012-03 101.2
2012-04 100.3
2012-05 99.5
2012-06 99.0
2012-07 98.3
2012-08 98.1
2012-09 96.8
2012-10 96.3
2012-11 96.2
2012-12 95.9
2013-01 95.4
2013-02 94.6
2013-03 93.6
2013-04 93.9
2013-05 93.6
2013-06 93.2
2013-07 93.8
2013-08 94.2
2013-09 95.7
2013-10 95.6
2013-11 94.3
2013-12 94.3
2014-01 94.1
2014-02 94.0
2014-03 94.7
2014-04 93.7
2014-05 94.6
2014-06 92.4
2014-07 91.3
2014-08 90.6
2014-09 89.8
2014-10 89.0
2014-11 90.1
2014-12 89.8
2015-01 88.6
2015-02 89.2
2015-03 89.3
2015-04 88.5
2015-05 89.5
2015-06 90.4
2015-07 90.5
2015-08 91.7
2015-09 91.8
2015-10 91.9
2015-11 91.7
2015-12 92.3
2016-01 93.2
2016-02 92.8
2016-03 92.9
2016-04 94.2
2016-05 94.4
2016-06 94.7
2016-07 95.6
2016-08 96.4
2016-09 97.4
2016-10 98.1
2016-11 99.1
2016-12 97.8
2017-01 99.7
2017-02 99.8
2017-03 100.1
2017-04 100.1
2017-05 102.2
2017-06 103.2
2017-07 104.3
2017-08 103.6
2017-09 103.6
2017-10 105.1
2017-11 105.5
2017-12 108.5
2018-01 107.7
2018-02 106.4
2018-03 107.3
2018-04 107.4
2018-05 108.0
2018-06 108.2
2018-07 108.3
2018-08 108.2
2018-09 108.1
2018-10 107.9
2018-11 109.1
2018-12 109.3
2019-01 109.5
2019-02 110.8
2019-03 111.1
2019-04 110.7
2019-05 111.2
2019-06 111.3
2019-07 110.9
2019-08 111.4
2019-09 111.9

Business climate composite indicator

  • Source : INSEE

Business managers’ opinion on their past activity improves sharply

In September 2019, far more business managers than in the previous month have indicated an increase in their activity over the last three months. The corresponding balance has bounced back and has returned to its level of July 2019, above its long-term average. Furthermore, business managers are more optimistic about their activity prospects: the balance of opinion on expected activity has grown again. It thus remains 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* Jun. 19 Jul. 19 Aug. 19 Sep. 19
Composite indicator 100 111 111 111 112
Past activity -3 9 14 9 15
Expected activity -5 15 9 10 12
General business outlook -16 7
Past employment -5 4 4 6 5
Expected employment -4 9 6 10 13
Opinion on order books -23 3 2 3 4
Order books (in month) 5.7 7.9 7.9 8.0 8.1
Production capacity utilisation rate (in%) 88.6 91.8 91.2 91.6 91.8
Obstacles to production increase (in %) 32 44 44 45 48
- Because of workforce shortage (in %) 14 25 25 25 26
Recruiting problems (in %) 58 75
Expected prices -13 1 4 4 3
Cash-flow position -10 -3
Repayment period 30 27
  • *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 -4.4 -3.8
1998-02 -5.1 0.7
1998-03 0.0 5.6
1998-04 -3.6 2.7
1998-05 0.9 7.8
1998-06 3.8 13.6
1998-07 3.9 16.8
1998-08 5.9 18.3
1998-09 7.4 19.7
1998-10 4.5 13.5
1998-11 -0.4 16.0
1998-12 -9.7 3.1
1999-01 -0.4 18.0
1999-02 3.5 12.1
1999-03 5.3 15.2
1999-04 9.0 19.6
1999-05 22.6 18.4
1999-06 14.6 17.9
1999-07 16.9 23.3
1999-08 17.4 24.2
1999-09 17.6 24.8
1999-10 14.3 29.1
1999-11 17.8 28.0
1999-12 33.1 32.4
2000-01 32.4 34.8
2000-02 23.1 33.6
2000-03 26.9 34.9
2000-04 29.9 44.1
2000-05 26.1 35.1
2000-06 31.5 34.8
2000-07 31.9 40.5
2000-08 32.2 40.4
2000-09 32.4 40.4
2000-10 34.3 40.1
2000-11 29.3 40.1
2000-12 24.9 33.2
2001-01 7.8 34.8
2001-02 9.0 34.7
2001-03 12.1 30.4
2001-04 7.7 17.0
2001-05 2.9 19.3
2001-06 0.5 14.1
2001-07 -2.4 12.0
2001-08 -3.7 7.0
2001-09 -5.3 2.5
2001-10 -5.4 1.8
2001-11 -4.5 -3.1
2001-12 -7.9 -1.7
2002-01 -4.2 -6.4
2002-02 -4.7 -3.1
2002-03 -3.7 -0.7
2002-04 -11.1 -7.5
2002-05 -2.8 -0.2
2002-06 -1.3 -0.4
2002-07 -6.4 -11.3
2002-08 -11.3 -11.0
2002-09 -16.4 -9.6
2002-10 -19.1 -11.5
2002-11 -19.7 -15.5
2002-12 -18.2 -19.5
2003-01 -23.3 -13.3
2003-02 -21.1 -15.2
2003-03 -23.7 -18.4
2003-04 -21.8 -15.5
2003-05 -18.0 -16.9
2003-06 -17.4 -15.7
2003-07 -14.3 -16.1
2003-08 -9.7 -10.4
2003-09 -5.5 -3.6
2003-10 -5.2 -13.3
2003-11 -0.1 -9.6
2003-12 1.8 -5.3
2004-01 15.6 -1.3
2004-02 5.5 1.3
2004-03 8.7 3.1
2004-04 5.9 6.1
2004-05 2.6 6.3
2004-06 2.0 5.9
2004-07 10.9 6.9
2004-08 11.9 6.3
2004-09 12.3 6.9
2004-10 12.0 8.7
2004-11 11.7 13.4
2004-12 11.7 12.2
2005-01 11.6 11.1
2005-02 9.0 11.6
2005-03 13.2 8.3
2005-04 13.6 9.7
2005-05 12.6 9.2
2005-06 16.4 12.7
2005-07 14.8 15.4
2005-08 13.9 14.6
2005-09 12.9 15.3
2005-10 18.4 18.0
2005-11 22.9 19.3
2005-12 19.7 20.2
2006-01 20.2 20.5
2006-02 20.1 13.5
2006-03 16.5 17.5
2006-04 16.2 20.1
2006-05 17.5 21.0
2006-06 14.2 21.4
2006-07 16.7 21.2
2006-08 17.0 20.6
2006-09 18.3 22.6
2006-10 21.1 22.9
2006-11 23.3 20.6
2006-12 20.3 22.1
2007-01 21.4 20.2
2007-02 18.9 19.8
2007-03 18.2 22.5
2007-04 21.0 24.1
2007-05 21.1 22.4
2007-06 21.0 25.0
2007-07 18.9 25.0
2007-08 17.7 20.7
2007-09 18.8 20.6
2007-10 15.9 19.6
2007-11 13.5 21.5
2007-12 16.7 19.2
2008-01 7.7 18.7
2008-02 15.3 18.0
2008-03 17.9 15.6
2008-04 10.0 16.3
2008-05 10.8 9.6
2008-06 -4.3 5.0
2008-07 -6.2 -0.3
2008-08 -5.4 0.3
2008-09 -10.0 -0.9
2008-10 -33.4 -10.6
2008-11 -36.3 -11.4
2008-12 -30.7 -21.0
2009-01 -34.8 -19.6
2009-02 -46.6 -25.8
2009-03 -36.5 -24.3
2009-04 -35.8 -30.0
2009-05 -33.3 -29.2
2009-06 -33.7 -33.1
2009-07 -32.5 -33.3
2009-08 -27.3 -31.2
2009-09 -25.0 -28.3
2009-10 -21.4 -25.0
2009-11 -20.4 -26.2
2009-12 -20.0 -26.5
2010-01 -19.7 -26.6
2010-02 -18.2 -23.7
2010-03 -17.8 -26.1
2010-04 -17.4 -25.4
2010-05 -16.9 -20.7
2010-06 -15.2 -17.6
2010-07 -12.4 -14.0
2010-08 -10.8 -12.6
2010-09 -13.0 -13.1
2010-10 -4.4 -13.1
2010-11 -0.6 -12.9
2010-12 -0.8 -7.9
2011-01 -0.8 -8.4
2011-02 3.3 -3.7
2011-03 3.0 1.7
2011-04 5.3 8.3
2011-05 2.4 6.0
2011-06 4.4 6.2
2011-07 4.3 8.3
2011-08 0.6 1.6
2011-09 -4.4 -0.6
2011-10 -4.9 -2.2
2011-11 -9.8 -4.4
2011-12 -11.5 -4.5
2012-01 -10.5 -1.6
2012-02 -12.3 -3.6
2012-03 -10.5 -5.5
2012-04 -11.9 -8.7
2012-05 -14.7 -13.5
2012-06 -14.0 -13.6
2012-07 -17.2 -15.0
2012-08 -19.3 -15.1
2012-09 -20.3 -15.0
2012-10 -26.0 -18.3
2012-11 -24.5 -21.3
2012-12 -21.9 -20.6
2013-01 -24.3 -21.6
2013-02 -22.0 -23.1
2013-03 -24.3 -23.8
2013-04 -24.6 -28.2
2013-05 -21.3 -26.8
2013-06 -24.0 -26.6
2013-07 -22.6 -22.2
2013-08 -19.7 -16.6
2013-09 -12.3 -13.2
2013-10 -15.6 -13.3
2013-11 -16.5 -13.0
2013-12 -18.6 -20.2
2014-01 -15.6 -20.7
2014-02 -20.6 -17.2
2014-03 -18.6 -17.2
2014-04 -22.4 -17.5
2014-05 -19.5 -19.0
2014-06 -17.6 -18.3
2014-07 -28.1 -18.2
2014-08 -27.3 -25.3
2014-09 -29.9 -29.8
2014-10 -29.9 -31.7
2014-11 -24.9 -25.2
2014-12 -28.0 -23.1
2015-01 -32.8 -23.1
2015-02 -23.7 -30.1
2015-03 -24.4 -27.5
2015-04 -23.9 -20.8
2015-05 -26.4 -21.6
2015-06 -20.4 -20.0
2015-07 -16.4 -22.1
2015-08 -8.6 -18.6
2015-09 -13.2 -16.9
2015-10 -15.2 -14.3
2015-11 -20.9 -15.2
2015-12 -8.1 -11.6
2016-01 -8.3 -14.7
2016-02 -16.1 -15.0
2016-03 -9.3 -14.0
2016-04 -5.0 -13.4
2016-05 -2.0 -8.1
2016-06 -2.5 -8.9
2016-07 -0.3 -9.6
2016-08 -3.2 -7.5
2016-09 0.6 -5.9
2016-10 3.7 0.0
2016-11 1.2 0.8
2016-12 -1.1 -5.6
2017-01 -2.8 5.4
2017-02 -0.4 -1.3
2017-03 2.8 -1.7
2017-04 5.9 -6.6
2017-05 2.0 4.4
2017-06 3.6 10.7
2017-07 11.1 5.4
2017-08 13.4 1.3
2017-09 9.1 9.5
2017-10 8.5 5.8
2017-11 14.0 9.7
2017-12 14.3 13.2
2018-01 13.3 14.2
2018-02 11.2 13.9
2018-03 11.8 13.2
2018-04 13.2 10.6
2018-05 12.9 5.8
2018-06 12.7 4.5
2018-07 6.4 8.8
2018-08 4.2 8.3
2018-09 9.7 3.8
2018-10 10.5 4.6
2018-11 10.3 3.8
2018-12 11.8 6.5
2019-01 15.2 6.4
2019-02 15.6 10.1
2019-03 14.5 11.8
2019-04 11.9 11.4
2019-05 13.1 5.6
2019-06 15.2 9.0
2019-07 9.3 14.1
2019-08 10.3 9.2
2019-09 12.5 14.7

Activity tendency in building construction

  • Source : INSEE

Business managers are more optimistic on the expected developments of their staff size

In September 2019, employment prospects have improved: the balance of opinion on expected staff size, already above its average, has kept increasing and has almost recovered to its June 2019 level. However, less business managers than in August have reported an increase in their staff size over the last three months. The corresponding balance has decreased a bit but stay nevertheless 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 -15.6
1998-02 -16.3 -14.7
1998-03 -10.2 -13.3
1998-04 -10.4 -11.4
1998-05 -8.4 -6.7
1998-06 -9.3 -5.4
1998-07 -4.2 -2.4
1998-08 -3.9 -0.9
1998-09 -3.9 1.0
1998-10 -7.3 -2.0
1998-11 -8.2 -0.6
1998-12 -7.5 -0.2
1999-01 -7.9 -1.8
1999-02 -2.3 1.1
1999-03 -3.7 3.3
1999-04 -2.2 2.1
1999-05 6.8 0.0
1999-06 8.8 -0.6
1999-07 12.5 7.9
1999-08 12.9 12.0
1999-09 13.0 16.4
1999-10 15.6 16.7
1999-11 18.3 14.6
1999-12 19.6 20.6
2000-01 22.7 19.2
2000-02 19.5 19.2
2000-03 22.9 16.3
2000-04 21.9 28.9
2000-05 14.2 23.7
2000-06 23.8 24.0
2000-07 23.2 28.1
2000-08 26.4 27.0
2000-09 29.5 26.3
2000-10 35.3 28.7
2000-11 27.7 29.0
2000-12 25.1 26.2
2001-01 20.6 21.3
2001-02 17.4 24.1
2001-03 12.8 19.3
2001-04 12.4 12.2
2001-05 13.0 14.5
2001-06 11.2 13.1
2001-07 11.9 7.6
2001-08 9.1 6.5
2001-09 6.2 5.6
2001-10 5.5 2.1
2001-11 6.5 4.2
2001-12 7.4 1.5
2002-01 8.6 3.3
2002-02 9.4 1.8
2002-03 9.4 2.8
2002-04 6.3 -0.9
2002-05 5.3 -0.6
2002-06 5.6 -1.3
2002-07 0.6 -1.2
2002-08 -1.3 -2.5
2002-09 -3.2 -3.6
2002-10 10.0 -3.0
2002-11 -5.7 -2.7
2002-12 -4.9 -2.6
2003-01 -1.3 0.3
2003-02 -2.2 1.7
2003-03 -3.7 -2.5
2003-04 -1.5 4.5
2003-05 -2.6 -0.6
2003-06 -1.0 -0.8
2003-07 0.9 0.0
2003-08 2.7 1.2
2003-09 4.5 2.3
2003-10 5.0 -0.7
2003-11 8.4 6.2
2003-12 12.4 6.6
2004-01 12.5 6.8
2004-02 2.3 2.3
2004-03 3.3 2.1
2004-04 8.2 7.8
2004-05 6.9 3.4
2004-06 5.0 0.0
2004-07 5.2 1.6
2004-08 6.7 0.4
2004-09 8.4 -1.0
2004-10 7.4 -0.4
2004-11 10.9 -0.4
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 8.1
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 19.3 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 13.0
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 -18.4
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 -19.3
2009-11 -15.3 -18.9
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 -14.0 -16.5
2010-05 -14.6 -13.9
2010-06 -15.4 -15.8
2010-07 -13.4 -10.7
2010-08 -11.3 -12.0
2010-09 -7.7 -10.9
2010-10 -7.7 -12.1
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 4.9 0.3
2011-05 7.3 -0.3
2011-06 6.8 3.2
2011-07 7.7 3.4
2011-08 3.4 3.8
2011-09 -0.8 2.8
2011-10 -6.2 -2.4
2011-11 -7.4 -8.8
2011-12 -5.3 -6.4
2012-01 -3.7 -4.2
2012-02 -3.9 -5.6
2012-03 -9.0 -6.8
2012-04 -9.2 -8.4
2012-05 -12.6 -9.1
2012-06 -11.3 -7.7
2012-07 -15.3 -11.8
2012-08 -14.7 -11.1
2012-09 -16.7 -15.7
2012-10 -14.7 -10.3
2012-11 -14.9 -10.9
2012-12 -16.2 -13.3
2013-01 -15.6 -14.4
2013-02 -15.8 -17.2
2013-03 -18.0 -17.8
2013-04 -13.5 -13.7
2013-05 -19.0 -16.3
2013-06 -18.2 -18.6
2013-07 -17.9 -18.1
2013-08 -16.0 -19.7
2013-09 -14.8 -18.3
2013-10 -10.5 -13.7
2013-11 -16.6 -18.3
2013-12 -17.7 -16.6
2014-01 -19.5 -18.9
2014-02 -21.1 -19.9
2014-03 -18.4 -18.6
2014-04 -19.3 -22.2
2014-05 -19.2 -15.6
2014-06 -23.3 -26.6
2014-07 -22.1 -25.4
2014-08 -26.9 -26.5
2014-09 -28.2 -28.6
2014-10 -26.1 -28.8
2014-11 -22.5 -25.0
2014-12 -24.4 -25.8
2015-01 -29.5 -29.2
2015-02 -24.3 -25.1
2015-03 -25.2 -26.5
2015-04 -27.3 -34.0
2015-05 -27.2 -30.1
2015-06 -19.9 -26.5
2015-07 -24.7 -28.6
2015-08 -23.2 -24.9
2015-09 -22.1 -24.8
2015-10 -23.5 -26.7
2015-11 -21.3 -28.8
2015-12 -23.4 -27.6
2016-01 -20.3 -24.3
2016-02 -20.4 -26.0
2016-03 -20.2 -26.9
2016-04 -17.7 -23.1
2016-05 -15.8 -24.0
2016-06 -16.6 -23.9
2016-07 -17.5 -21.0
2016-08 -13.5 -20.7
2016-09 -10.5 -18.5
2016-10 -8.8 -17.4
2016-11 -11.1 -15.5
2016-12 -8.6 -15.7
2017-01 -7.1 -13.5
2017-02 -7.4 -13.2
2017-03 -6.2 -10.9
2017-04 -4.9 -15.2
2017-05 -0.9 -7.7
2017-06 2.1 -6.6
2017-07 3.7 -2.6
2017-08 1.6 -7.4
2017-09 1.9 -7.0
2017-10 3.5 -5.1
2017-11 1.9 -6.6
2017-12 11.7 6.4
2018-01 9.1 -0.3
2018-02 6.6 -4.4
2018-03 13.4 1.2
2018-04 11.8 3.9
2018-05 10.0 7.4
2018-06 9.8 3.8
2018-07 13.7 4.1
2018-08 14.1 3.8
2018-09 14.7 4.3
2018-10 8.8 5.0
2018-11 14.2 8.3
2018-12 13.8 4.5
2019-01 6.6 3.2
2019-02 18.0 6.3
2019-03 12.8 6.1
2019-04 13.7 4.0
2019-05 13.6 6.8
2019-06 9.0 4.1
2019-07 5.6 3.9
2019-08 9.7 6.2
2019-09 12.8 5.2

Workforce size tendency in building construction

  • Source : INSEE

Business managers consider that their order books remain well filled

In September 2019, slightly more business managers than in the previous month consider that their order books are well filled. The corresponding balance of opinion has increased again a bit, and is largely above its long-term average. With their present staff size, business managers consider that their order books provide 8.1 months of work, a volume slightly higher than last month and superior to the long-term average (5.7 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 6.8
2012-08 -34.4 6.8
2012-09 -35.7 7.1
2012-10 -38.3 7.2
2012-11 -39.3 7.3
2012-12 -39.7 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 -47.6 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 -46.9 6.8
2014-07 -51.1 6.4
2014-08 -52.6 6.6
2014-09 -53.2 6.5
2014-10 -56.6 6.4
2014-11 -56.7 6.4
2014-12 -57.5 6.5
2015-01 -58.7 6.1
2015-02 -59.3 6.3
2015-03 -58.2 6.5
2015-04 -57.5 6.5
2015-05 -54.8 6.5
2015-06 -56.0 6.5
2015-07 -53.9 6.5
2015-08 -53.3 6.5
2015-09 -52.0 6.5
2015-10 -50.9 6.4
2015-11 -48.5 6.5
2015-12 -50.7 6.5
2016-01 -47.8 6.6
2016-02 -48.0 6.5
2016-03 -47.8 6.6
2016-04 -45.4 6.6
2016-05 -46.4 6.6
2016-06 -44.9 6.4
2016-07 -43.5 6.8
2016-08 -41.1 6.8
2016-09 -37.7 6.9
2016-10 -38.0 6.9
2016-11 -33.8 6.8
2016-12 -38.5 6.9
2017-01 -32.5 6.9
2017-02 -31.0 6.9
2017-03 -32.9 7.0
2017-04 -28.0 6.7
2017-05 -26.1 7.1
2017-06 -23.9 7.2
2017-07 -21.8 7.3
2017-08 -20.4 7.3
2017-09 -22.4 7.3
2017-10 -15.2 7.5
2017-11 -15.6 7.5
2017-12 -12.9 7.6
2018-01 -10.1 7.3
2018-02 -13.1 7.4
2018-03 -12.7 7.3
2018-04 -15.7 7.3
2018-05 -13.9 7.3
2018-06 -9.5 7.3
2018-07 -8.5 7.3
2018-08 -8.5 7.4
2018-09 -10.1 7.3
2018-10 -12.4 7.4
2018-11 -7.3 7.6
2018-12 -4.6 7.4
2019-01 -4.8 7.8
2019-02 -1.7 8.1
2019-03 -0.6 7.9
2019-04 -0.8 7.9
2019-05 1.6 7.7
2019-06 2.9 7.9
2019-07 1.6 7.9
2019-08 3.2 8.0
2019-09 3.9 8.1

Order books

  • Source : INSEE

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

Turning-point indicator

Turning-point indicator
Turning-point indicator
2010-01 0.29
2010-02 0.74
2010-03 0.73
2010-04 -0.5
2010-05 -0.22
2010-06 -0.06
2010-07 0.42
2010-08 0.59
2010-09 0.58
2010-10 0.29
2010-11 0.78
2010-12 0.92
2011-01 0.89
2011-02 0.93
2011-03 0.94
2011-04 0.99
2011-05 0.87
2011-06 0.85
2011-07 0.97
2011-08 0.91
2011-09 0.74
2011-10 0.5
2011-11 0.2
2011-12 0.45
2012-01 0.91
2012-02 -0.32
2012-03 -0.83
2012-04 -0.99
2012-05 -0.98
2012-06 -0.74
2012-07 -0.97
2012-08 -0.92
2012-09 -0.93
2012-10 -0.73
2012-11 -0.42
2012-12 -0.83
2013-01 -0.8
2013-02 -0.84
2013-03 -0.99
2013-04 -0.83
2013-05 -0.67
2013-06 -0.72
2013-07 -0.82
2013-08 -0.51
2013-09 0.37
2013-10 0.33
2013-11 -0.77
2013-12 -0.54
2014-01 -0.68
2014-02 -0.93
2014-03 -0.46
2014-04 -0.72
2014-05 -0.46
2014-06 -0.84
2014-07 -0.91
2014-08 -0.91
2014-09 -0.99
2014-10 -0.97
2014-11 -0.56
2014-12 -0.77
2015-01 -0.95
2015-02 -0.58
2015-03 -0.88
2015-04 -0.91
2015-05 -0.75
2015-06 0.26
2015-07 -0.16
2015-08 0.56
2015-09 0.62
2015-10 0.25
2015-11 0.11
2015-12 0.46
2016-01 0.65
2016-02 -0.12
2016-03 -0.12
2016-04 0.43
2016-05 0.59
2016-06 -0.19
2016-07 0.31
2016-08 0.72
2016-09 0.92
2016-10 0.98
2016-11 0.95
2016-12 0.88
2017-01 0.87
2017-02 0.9
2017-03 0.96
2017-04 0.91
2017-05 0.95
2017-06 0.98
2017-07 0.98
2017-08 0.81
2017-09 0.78
2017-10 0.84
2017-11 0.83
2017-12 0.97
2018-01 0.36
2018-02 -0.08
2018-03 0.3
2018-04 0.46
2018-05 0.67
2018-06 0.57
2018-07 0.37
2018-08 0.51
2018-09 0.77
2018-10 0.85
2018-11 0.91
2018-12 0.82
2019-01 0.83
2019-02 0.97
2019-03 0.94
2019-04 0.83
2019-05 0.86
2019-06 0.85
2019-07 0.56
2019-08 0.87
2019-09 0.93

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 are more and more felt

In September 2019, the production capacity utilisation rate has increased slightly. It has reached 91.8%, above its average (88.6%). At the same time, 48% of business managers have reported production bottlenecks, against one out of three on long-term average. This share went up sharply compared to the previous month. Furthermore, 26% of business managers have declared production bottlenecks due to workforce shortage, a share slightly higher than last month and far above its long-term average (14%). These two shares stand at their highest level since the summer of 2008.

Production capacity utilisation rate

Production capacity utilisation rate
Production capacity utilisation rate
1998-01 86.9
1998-02 86.8
1998-03 87.1
1998-04 87.1
1998-05 87.3
1998-06 87.3
1998-07 87.8
1998-08 87.7
1998-09 87.4
1998-10 85.6
1998-11 86.8
1998-12 87.2
1999-01 86.9
1999-02 87.7
1999-03 88.3
1999-04 88.3
1999-05 88.9
1999-06 88.7
1999-07 87.9
1999-08 88.5
1999-09 88.8
1999-10 89.1
1999-11 89.8
1999-12 90.4
2000-01 90.8
2000-02 90.9
2000-03 90.6
2000-04 91.2
2000-05 91.9
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 93.7
2001-02 93.7
2001-03 93.8
2001-04 93.7
2001-05 93.1
2001-06 93.1
2001-07 91.9
2001-08 92.1
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 92.7
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 91.4
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 93.7
2007-01 93.7
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 87.6
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 87.4
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 86.5
2013-03 85.8
2013-04 85.7
2013-05 85.9
2013-06 85.9
2013-07 85.8
2013-08 86.0
2013-09 86.5
2013-10 86.1
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 83.9
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 84.8
2015-11 84.8
2015-12 84.8
2016-01 85.1
2016-02 85.6
2016-03 85.4
2016-04 85.5
2016-05 85.6
2016-06 85.8
2016-07 86.1
2016-08 87.0
2016-09 86.6
2016-10 86.8
2016-11 87.0
2016-12 87.1
2017-01 87.1
2017-02 87.3
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 88.8
2017-11 89.3
2017-12 89.9
2018-01 89.5
2018-02 89.3
2018-03 89.2
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 90.3
2018-11 90.1
2018-12 90.4
2019-01 91.1
2019-02 91.4
2019-03 91.6
2019-04 91.7
2019-05 91.7
2019-06 91.8
2019-07 91.2
2019-08 91.7
2019-09 91.8

Production capacity utilisation rate

  • Source : INSEE

Slightly fewer business managers forecast an increase in prices

In September 2019, slightly fewer business managers than in August have announced that they will increase their prices over the next three months. The corresponding balance has decreased slightly while remaining 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: 23 October 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: 23 October 2019 at 8:45 am

: bureau-de-presse@insee.fr