The economic climate stays mitigated in the building industry in February 2011Monthly survey of building - February 2011

According to the contractors interviewed in February 2011 the economic climate stays mitigated in the building industry. The synthetic indicator of business climate stays close to its average of long period while the turning-point indicator indicates an unfavorable climate.

Informations rapides
No 46
Paru le : 18/02/2011
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

According to the contractors interviewed in February 2011 the economic climate stays mitigated in the building industry. The synthetic indicator of business climate stays close to its average of long period while the turning-point indicator indicates an unfavorable climate.

Tableau1 – Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook
Mean* Nov. 10 Dec. 10 Jan. 11 Feb. 11
Business climate 100 97 99 99 99
Past activity 0 –17 –8 –9 –3
Expected activity –3 1 –1 –3 –3
Gen. business outlook –15 –10
Past employment –1 –6 –3 –6 –8
Expected employment 0 –4 –1 1 4
Opinion on order books –16 –36 –32 –29 –25
Order books (in month) 5,5 6,5 6,8 6,9 6,9
Productive capacity utilisation rate 89,4 85,9 87,6 87,5 87,9
Obstacles to production increase (in %) 32 14 27 24 25
- Because of workforce shortage(in %) 16,6 4,6 5,6 6,5 7,3
Hiring problems (in %) 62 58
Expected prices –13 –35 –32 –27 –23
Cash-flow position –6 –16
Repayment period 25 32
  • * Mean since september 1993.
  • ** This figure refers to all companies that responded to the survey.

Climate – Business climate synthetic indicator

TurningPoint – Turning-point indicator

  • Lecture : close to 1 (respectively -1), it indicates a favorable climate (respectively unfavorable).

Pcur – Productive capacity utilisation rate

Activity – Activity tendency in the building industry

Workforce – Workforce size tendency in the building industry

OrderBooks – Order books