Informations Rapides ·
25 October 2022 · n° 279
In October 2022, the business climate in the building crafts sector has deteriorated
again Quarterly survey of the building crafts sector - October 2022
Business outlooks, both general and personal, have deteriorated
The opinion of the business managers of small building firms about their expected activity for the next three months, for both their company and the whole sector, has degraded again between July and October. The corresponding balances diminishe for the third quarter in a row, both dropping below their long-term average. The balance of opinion about the general business outlook for the sector even reaches its lowest level since July 2016.
Craftsmen maintain their opinion regarding the change in their activity for the last three month: the corresponding balance stands close to its average.
The opinion of building craftsmen on the change in their workforce size remains unchanged
In October, craftsmen’ balance of opinion about their workforce size over the past three month is stable, slightly above its long-term average, as is the balance of opinion regarding their expected change in workforce size for the next three months.
Recruitment difficulties remain significant
In October, 63% of craftsmen have reported experiencing recruiting difficulties, a proportion that, although diminishing slightly, remains way above its long-term average. The share of building craftsmen declaring that they are training apprentices drops slightly in October: it stands at 39% and is almost back to its average level.
tableauBuilding crafts sector economic outlook
| Mean* | Jan. 22 | Apr. 22 | Jul. 22 | Oct. 22 | |
|---|---|---|---|---|---|
| Past activity | -5 | 5 | 0 | -2 | -2 |
| Expected activity | -8 | 14 | 3 | -6 | -12 |
| General business outlook | -18 | 11 | -11 | -13 | -19 |
| Past employment | -4 | -1 | -2 | -3 | -3 |
| Expected employment | -3 | 7 | 1 | 0 | 0 |
| Recruiting problems (in %) | 43 | 68 | 64 | 65 | 63 |
| Apprentice training (in %) | 38 | 43 | 35 | 43 | 39 |
- * Mean since October 1990.
- NA: not available
- Source: French business survey, building crafts sector - INSEE
tableauActivity tendency in the building crafts sector
| Expected activity | Past activity | |
|---|---|---|
| 2022-Q4 | -11.5 | -2.1 |
| 2022-Q3 | -5.7 | -2.1 |
| 2022-Q2 | 2.7 | 0.1 |
| 2022-Q1 | 13.7 | 4.9 |
| 2021-Q4 | 5.3 | 8.0 |
| 2021-Q3 | 13.5 | 7.2 |
| 2021-Q2 | 8.1 | 3.1 |
| 2021-Q1 | -4.7 | -16.9 |
| 2020-Q4 | -0.5 | 5.0 |
| 2020-Q3 | -13.2 | -46.3 |
| 2020-Q2 | NaN | NaN |
| 2020-Q1 | 6.2 | -8.5 |
| 2019-Q4 | -3.1 | 2.1 |
| 2019-Q3 | -5.2 | 6.5 |
| 2019-Q2 | -2.2 | -3.8 |
| 2019-Q1 | -5.7 | -12.5 |
| 2018-Q4 | -2.9 | -1.7 |
| 2018-Q3 | 1.3 | 1.5 |
| 2018-Q2 | -2.7 | 5.3 |
| 2018-Q1 | 11.1 | 6.4 |
| 2017-Q4 | 2.9 | -3.7 |
| 2017-Q3 | -3.7 | 1.5 |
| 2017-Q2 | -1.9 | 0.6 |
| 2017-Q1 | -1.6 | -3.7 |
| 2016-Q4 | -8.4 | -5.7 |
| 2016-Q3 | -8.0 | -12.2 |
| 2016-Q2 | -16.6 | -15.2 |
| 2016-Q1 | -16.3 | -9.5 |
| 2015-Q4 | -17.1 | -19.6 |
| 2015-Q3 | -22.2 | -14.9 |
| 2015-Q2 | -30.0 | -29.7 |
| 2015-Q1 | -32.4 | -29.8 |
| 2014-Q4 | -33.8 | -24.5 |
| 2014-Q3 | -29.6 | -31.7 |
| 2014-Q2 | -26.1 | -22.2 |
| 2014-Q1 | -28.1 | -25.1 |
| 2013-Q4 | -24.1 | -24.3 |
| 2013-Q3 | -28.6 | -28.6 |
| 2013-Q2 | -31.7 | -27.3 |
| 2013-Q1 | -24.7 | -24.1 |
| 2012-Q4 | -39.4 | -26.0 |
| 2012-Q3 | -25.8 | -18.2 |
| 2012-Q2 | -21.2 | -15.4 |
| 2012-Q1 | -22.6 | -11.2 |
| 2011-Q4 | -17.6 | -14.1 |
| 2011-Q3 | -11.7 | -9.3 |
| 2011-Q2 | -7.2 | -6.5 |
| 2011-Q1 | -8.5 | -15.4 |
| 2010-Q4 | -6.2 | -9.5 |
| 2010-Q3 | -14.6 | -18.6 |
| 2010-Q2 | -19.1 | -21.4 |
| 2010-Q1 | -17.4 | -20.2 |
| 2009-Q4 | -20.9 | -21.9 |
| 2009-Q3 | -30.3 | -29.4 |
| 2009-Q2 | -25.8 | -15.6 |
| 2009-Q1 | -36.7 | -34.5 |
| 2008-Q4 | -35.3 | -24.2 |
| 2008-Q3 | -14.4 | -16.0 |
| 2008-Q2 | -8.8 | -11.9 |
| 2008-Q1 | 12.9 | -7.3 |
| 2007-Q4 | 5.1 | -2.8 |
| 2007-Q3 | 5.5 | 6.1 |
| 2007-Q2 | 1.5 | 2.7 |
| 2007-Q1 | 4.9 | 6.9 |
- Data for the second quarter of 2020 are not available as the survey was canceled in the context of the health crisis.
graphiqueActivity tendency in the building crafts sector
- Data for the second quarter of 2020 are not available as the survey was canceled in the context of the health crisis.
- Source: INSEE.
For further information
A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses. The responses to this survey have been collected between 27 September 2022 and 19 October 2022.
The response rate, while being slightly above what it was during last July survey, remains although lower than usual.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of this page.
Next issue: 27 January 2022 at 12:00 pm
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. The responses to this survey have been collected between 27 September 2022 and 19 October 2022.
The response rate, while being slightly above what it was during last July survey, remains although lower than usual.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of this page.
Next issue: 27 January 2022 at 12:00 pm