The economic outlook remains sluggish in the building industryMonthly survey of building - July 2009

According to the entrepreneurs interviewed in July 2009, the economy remains sluggish in the building sector. The business climate synthetic indicator loses one point, down to 91.

Informations rapides
No 197
Paru le : 23/07/2009
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

According to the entrepreneurs interviewed in July 2009, the economy remains sluggish in the building sector. The business climate synthetic indicator loses one point, down to 91.

The turning-point indicator is still in the unfavorable zone: the growth of the sector should remain below its long-term trend in the next months.

TurningPoint – Turning-point indicator

Climate – Business climate synthetic indicator

Pcur – Productive capacity utilisation rate

Activity – Activity tendency in the building industry

Workforce – Workforce size tendency in the building industry

OrderBooks – Order books

Tableau 3 – Building industry economic outlook

Balances of opinion (1), in %, SA
Building industry economic outlook
Mean* APR 09 MAY 09 JUN 09 JUL 09
Business climate 100 92 92 92 91
Past activity 0 -31 -27 -33 -33
Expected activity -3 -36 -34 -33 -34
Gen. business outlook -15 -52 -45
Past employment -1 -18 -17 -16 -17
Expected employment -1 -20 -19 -18 -18
Opinion on order books -15 -41 -52 -44 -51
Order books (in month) 5,2 5,6 5,5 5,6 5,3
Productive capacity utilisation rate 89,4 88,1 87,7 87,8 87,0
Obstacles to production increase (in %) 34 32 30 32 24
- Because of workforce shortage (in %) 17,4 6,5 6,2 5,8 6,8
Hiring problems (in %) 61 51 47
Prices -9 -30 -36 -35 -41
Cash-flow position -6 -20 -24
Repayment period 26 27 29
  • * Mean since September 1993.