Informations rapides
25 February 2020
2020- n° 42
In February 2020, the business climate remains at a high level in the building construction industry Monthly survey of building - February 2020

According to the business managers in the building construction industry surveyed in February 2020, the business climate remains stable. The composite indicator stands at 111 for the fourth consecutive month, largely above its long-term average (100).

Informations rapides
No 42
Paru le :Paru le25/02/2020
Prochaine parution le : 19/09/2025 at 08:45 - September 2025

According to the business managers in the building construction industry surveyed in February 2020, the business climate remains stable. The composite indicator stands at 111 for the fourth consecutive month, largely above its long-term average (100).

Business climate composite indicator

Business climate composite indicator
Business climate composite indicator
1998-01 97.6
1998-02 99.0
1998-03 100.1
1998-04 99.9
1998-05 101.8
1998-06 102.9
1998-07 105.6
1998-08 105.6
1998-09 105.8
1998-10 103.3
1998-11 104.3
1998-12 103.2
1999-01 104.1
1999-02 104.9
1999-03 106.7
1999-04 107.9
1999-05 108.6
1999-06 107.1
1999-07 109.5
1999-08 111.3
1999-09 113.2
1999-10 114.4
1999-11 114.4
1999-12 117.7
2000-01 118.8
2000-02 117.8
2000-03 118.1
2000-04 122.0
2000-05 120.9
2000-06 123.2
2000-07 124.1
2000-08 124.0
2000-09 124.2
2000-10 125.3
2000-11 123.9
2000-12 122.8
2001-01 121.0
2001-02 121.5
2001-03 118.5
2001-04 117.3
2001-05 116.6
2001-06 116.3
2001-07 113.4
2001-08 112.7
2001-09 112.2
2001-10 111.5
2001-11 112.1
2001-12 111.0
2002-01 110.3
2002-02 110.4
2002-03 111.5
2002-04 109.7
2002-05 110.3
2002-06 110.2
2002-07 109.9
2002-08 107.9
2002-09 106.2
2002-10 105.4
2002-11 104.3
2002-12 104.4
2003-01 105.4
2003-02 105.7
2003-03 104.1
2003-04 105.4
2003-05 105.0
2003-06 103.9
2003-07 104.8
2003-08 106.2
2003-09 107.7
2003-10 106.2
2003-11 109.4
2003-12 110.1
2004-01 110.2
2004-02 108.2
2004-03 108.3
2004-04 110.7
2004-05 108.6
2004-06 106.5
2004-07 108.5
2004-08 108.2
2004-09 107.9
2004-10 108.6
2004-11 109.1
2004-12 109.2
2005-01 109.3
2005-02 108.9
2005-03 109.8
2005-04 110.3
2005-05 110.3
2005-06 111.5
2005-07 110.8
2005-08 111.1
2005-09 111.7
2005-10 113.2
2005-11 113.6
2005-12 113.8
2006-01 115.1
2006-02 114.7
2006-03 113.8
2006-04 114.7
2006-05 115.4
2006-06 115.2
2006-07 116.4
2006-08 116.5
2006-09 116.8
2006-10 116.8
2006-11 116.2
2006-12 117.1
2007-01 115.2
2007-02 115.0
2007-03 116.3
2007-04 115.7
2007-05 117.1
2007-06 118.2
2007-07 118.2
2007-08 117.5
2007-09 117.5
2007-10 116.1
2007-11 117.2
2007-12 117.0
2008-01 116.4
2008-02 117.8
2008-03 116.9
2008-04 115.2
2008-05 112.6
2008-06 111.0
2008-07 108.5
2008-08 108.9
2008-09 106.8
2008-10 103.9
2008-11 101.9
2008-12 98.9
2009-01 98.1
2009-02 93.5
2009-03 95.8
2009-04 94.4
2009-05 92.6
2009-06 93.7
2009-07 92.7
2009-08 93.3
2009-09 93.9
2009-10 94.1
2009-11 93.2
2009-12 93.0
2010-01 93.3
2010-02 93.7
2010-03 93.2
2010-04 93.2
2010-05 94.2
2010-06 94.7
2010-07 95.9
2010-08 96.4
2010-09 95.9
2010-10 97.0
2010-11 98.7
2010-12 100.3
2011-01 100.2
2011-02 101.0
2011-03 101.3
2011-04 102.1
2011-05 102.5
2011-06 103.1
2011-07 103.4
2011-08 102.6
2011-09 102.1
2011-10 101.9
2011-11 100.7
2011-12 100.9
2012-01 101.9
2012-02 101.0
2012-03 101.1
2012-04 100.2
2012-05 99.3
2012-06 98.9
2012-07 98.2
2012-08 98.0
2012-09 96.7
2012-10 96.2
2012-11 96.1
2012-12 95.8
2013-01 95.3
2013-02 94.5
2013-03 93.5
2013-04 93.8
2013-05 93.5
2013-06 93.1
2013-07 93.7
2013-08 94.1
2013-09 95.6
2013-10 95.5
2013-11 94.2
2013-12 94.2
2014-01 94.0
2014-02 93.9
2014-03 94.6
2014-04 93.6
2014-05 94.5
2014-06 92.3
2014-07 91.2
2014-08 90.5
2014-09 89.7
2014-10 88.9
2014-11 90.0
2014-12 89.7
2015-01 88.6
2015-02 89.1
2015-03 89.2
2015-04 88.4
2015-05 89.4
2015-06 90.3
2015-07 90.4
2015-08 91.6
2015-09 91.7
2015-10 91.8
2015-11 91.6
2015-12 92.2
2016-01 93.1
2016-02 92.7
2016-03 92.8
2016-04 94.1
2016-05 94.3
2016-06 94.6
2016-07 95.5
2016-08 96.3
2016-09 97.2
2016-10 98.0
2016-11 99.0
2016-12 97.7
2017-01 99.6
2017-02 99.7
2017-03 100.0
2017-04 100.0
2017-05 102.1
2017-06 103.1
2017-07 104.2
2017-08 103.5
2017-09 103.5
2017-10 105.0
2017-11 105.4
2017-12 108.4
2018-01 107.6
2018-02 106.3
2018-03 107.2
2018-04 107.2
2018-05 107.9
2018-06 108.1
2018-07 108.2
2018-08 108.1
2018-09 108.0
2018-10 107.8
2018-11 109.0
2018-12 109.2
2019-01 109.3
2019-02 110.7
2019-03 111.0
2019-04 110.5
2019-05 111.1
2019-06 111.2
2019-07 110.7
2019-08 111.3
2019-09 111.6
2019-10 112.0
2019-11 111.4
2019-12 111.4
2020-01 111.0
2020-02 111.0

Business climate composite indicator

  • Source : INSEE

Business managers are more positive about their past and upcoming activity

In February 2020, more business managers than in the previous month have indicated an increase in their activity over the last three months. The corresponding balance has risen slightly, well above its long-term average. For the next three months, the optimism of the business managers has strengthened regarding their own activity: the balance of opinion on expected activity, which has risen slightly, stands well above its average.

Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook (Balances of opinion, in %, SA)
Mean* Nov. 19 Dec. 19 Jan. 20 Feb. 20
Composite indicator 100 111 111 111 111
Past activity -3 11 8 8 10
Expected activity -5 9 10 10 12
General business outlook -15 6
Past employment -5 4 4 8 6
Expected employment -3 17 13 15 20
Opinion on order books -22 5 6 0 0
Order books (in month) 6 8 8 8 8
Production capacity utilisation rate (in %) 88.6 91.9 91.6 91.4 91.7
Obstacles to production increase (in %) 32 45 45 44 45
- Because of workforce shortage (in %) 14 23 23 24 25
Recruiting problems (in %) 58 78
Expected prices -13 2 5 7 7
Cash-flow position -10 4
Payment period 30 28
  • *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 12.8 14.1
2019-10 17.2 14.0
2019-11 8.5 11.5
2019-12 10.2 8.4
2020-01 10.3 7.9
2020-02 12.5 10.3

Activity tendency in building construction

  • Source : INSEE

The opinion of business managers on past employment has deteriorated

In February 2020, less business managers than in January have reported that they had increased their staff size in the last three months. The corresponding balance of opinion has fallen back while remaining far above its long-term average.

However, the employment prospects are deemed more favourable than in January: the balance of opinion on expected employment development has risen again and remains largely 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 13.0 4.3
2019-10 10.6 5.9
2019-11 16.5 4.0
2019-12 13.2 4.4
2020-01 15.2 8.3
2020-02 19.8 6.2

Workforce size tendency in building construction

  • Source : INSEE

Order books remain well filled

In February 2020, as many business managers as in the previous month consider that their order books are well filled. The corresponding balance of opinion is stable and remains far above its long-term average. Given their present staff size, business managers consider that their order books provide 7.9 months of work, slightly less than last month, but significantly more than 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 4.6 8.2
2019-10 4.1 8.1
2019-11 5.2 8.0
2019-12 6.0 8.0
2020-01 -0.1 8.1
2020-02 0.1 7.9

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 0.43
2010-02 0.8
2010-03 0.79
2010-04 -0.43
2010-05 -0.14
2010-06 0.02
2010-07 0.48
2010-08 0.63
2010-09 0.61
2010-10 0.61
2010-11 0.88
2010-12 0.95
2011-01 0.91
2011-02 0.94
2011-03 0.95
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 -0.99
2012-09 -0.96
2012-10 -0.78
2012-11 -0.47
2012-12 -0.85
2013-01 -0.81
2013-02 -0.85
2013-03 -0.99
2013-04 -0.83
2013-05 -0.67
2013-06 -0.92
2013-07 -0.93
2013-08 -0.54
2013-09 0.36
2013-10 0.32
2013-11 -0.78
2013-12 -0.55
2014-01 -0.69
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 0.51
2017-10 0.73
2017-11 0.74
2017-12 0.96
2018-01 0.32
2018-02 -0.12
2018-03 0.27
2018-04 0.43
2018-05 0.65
2018-06 0.55
2018-07 0.35
2018-08 0.49
2018-09 0.76
2018-10 0.85
2018-11 0.9
2018-12 0.91
2019-01 0.88
2019-02 0.98
2019-03 0.95
2019-04 0.83
2019-05 0.87
2019-06 0.85
2019-07 0.57
2019-08 0.88
2019-09 0.93
2019-10 0.92
2019-11 0.79
2019-12 0.8
2020-01 0.87
2020-02 0.89

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

The pressures on productive capacity, already strong, have increased a little

In February 2020, the production capacity utilisation rate has risen slightly. At 91.7%, the corresponding balance has bounced back and remains above its average (88.6%). At the same time, 45% of business managers have reported production bottlenecks, slightly more than last month and far more than the long-term average. In particular, a quarter of business managers have declared production bottlenecks due to workforce shortage.

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 91.7
2019-10 91.7
2019-11 91.9
2019-12 91.6
2020-01 91.5
2020-02 91.7

Production capacity utilisation rate

  • Source : INSEE

Business managers are as numerous as in January to anticipate an increase in prices

In February 2020, as many business managers as in January have announced that they will increase their prices over the next three months. The corresponding balance is stable and stays 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: 26 March 2020 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: 26 March 2020 at 8:45 am

: bureau-de-presse@insee.fr