The economic climate is stable in the building industry in May 2011Monthly survey of building - May 2011

According to the contractors interviewed in May 2011 the economic climate is stable in the building industry. The synthetic indicator of business climat remains stable to 102 and the turning-point indicator is in the favorable zone.

Informations rapides
No 131
Paru le : 24/05/2011
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Warning : seasonal coefficients were updated for this survey.

According to the contractors interviewed in May 2011 the economic climate is stable in the building industry. The synthetic indicator of business climat remains stable to 102 and the turning-point indicator is in the favorable zone.

Tableau1 – Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook
Mean* Feb. 11 Mar. 11 Apr. 11 May. 11
Business climate 100 99 100 102 102
Past activity 0 –3 0 8 5
Expected activity –3 –1 4 10 4
Gen. business outlook –15 0
Past employment –1 –8 –4 4 4
Expected employment 0 4 4 7 10
Opinion on order books –16 –25 –30 –33 –29
Order books (in month) 5,5 7 7,1 7,2 7,1
Productive capacity utilisation rate 89,3 88,3 88,2 88,1 87,9
Obstacles to production increase (in %) 32 21 20 21 22
- Because of workforce shortage(in %)** 16,4 6,5 5,2 5,9 5,9
Hiring problems (in %) 62 56
Expected prices –13 –19 –16 –13 –16
Cash-flow position –6 –10
Repayment period 25 31
  • * 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