The economic climate stays stable in the building industry in March 2011Monthly survey of building - March 2011

According to the contractors interviewed in March 2011 the economic climate stays stable in the building industry. With 100, the synthetic indicator of business climate remains its average of long period whereas the turning-point indicator is in the neutral zone.

Informations rapides
No 75
Paru le : 24/03/2011
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

According to the contractors interviewed in March 2011 the economic climate stays stable in the building industry. With 100, the synthetic indicator of business climate remains its average of long period whereas the turning-point indicator is in the neutral zone.

Tableau1 – Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook
Mean* Dec. 10 Jan. 11 Feb. 11 Mar. 11
Business climate 100 99 99 100 100
Past activity 0 –8 –9 –1 3
Expected activity –3 –1 –3 0 0
Gen. business outlook –15 –10
Past employment –1 –3 –6 –8 –1
Expected employment 0 –1 1 6 9
Opinion on order books –16 –32 –29 –25 –29
Order books (in month) 5,5 6,8 6,9 7,1 7
Productive capacity utilisation rate 89,4 87,6 87,5 88,1 88,2
Obstacles to production increase (in %) 32 27 24 24 21
- Because of workforce shortage(in %)** 16,5 5,6 6,5 6,5 6,1
Hiring problems (in %) 62 58
Expected prices –13 –32 –27 –23 –11
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