The economic outlook is slightly less degraded in the building industryMonthly survey of building - September 2009

According to entrepreneurs surveyed in September 2009, the decline in activity diminishes in the construction industry. The synthetic indicator of business climate rose two points to 93.

Informations rapides
No 244
Paru le : 23/09/2009
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to entrepreneurs surveyed in September 2009, the decline in activity diminishes in the construction industry. The synthetic indicator of business climate rose two points to 93.

For the first time since April 2008 the turning-point indicator clearly moves up in the favorable area with a positive value close to 1. However, the indicator value for the last month may be revised next month: we should wait at least two consecutive months to analyze a wide variation as a significant cyclical change.

Climate – Business climate synthetic indicator

TurningPoint – Turning-point 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 4 – Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook
Mean* May 09 Jun. 09 Jul. 09 Sep. 09
Business climate 100 92 92 91 93
Past activity -1 -27 -33 -35 -31
Expected activity -4 -34 -33 -33 -22
Gen. business outlook -15 -45
Past employment -1 -17 -16 -17 -16
Expected employment -1 -19 -18 -18 -15
Opinion on order books -16 -52 -44 -49 -48
Order books (in month) 5,2 5,5 5,6 5,4 5,6
Productive capacity utilisation rate 89,4 87,7 87,8 86,9 88
Obstacles to production increase (in %) 34 30 32 23 32
- Because of workforce shortage(in %) 17,3 6,2 5,8 7,3 6,9
Hiring problems (in %) 61 47
Prices -9 -36 -35 -41 -31
Cash-flow position -6 -24
Repayment period 26 29
  • * Mean since september 1993.