The economic climate is stable in building industry in November 2013Monthly survey of building - November 2013

According to the business managers surveyed in November 2013, the situation is stable in the building industry: the composite indicator has stabilized below its long-term average. The turning-point indicator stays in the favorable zone.

Informations rapides
No 269
Paru le : 25/11/2013
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

According to the business managers surveyed in November 2013, the situation is stable in the building industry: the composite indicator has stabilized below its long-term average. The turning-point indicator stays in the favorable zone.

Climate – Composite indicator

TurningPoint – Turning-point indicator

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

Tableau1 – Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook
Mean* Aug. 13 Sept. 13 Oct. 13 Nov. 13
Composite indicator 100 92 93 94 94
Past activity –2 –18 –16 –14 –10
Expected activity –5 –23 –10 –17 –13
Gen. business outlook –17 –29
Past employment –3 –22 –21 –14 –18
Expected employment –2 –18 –15 –9 –17
Opinion on order books –20 –48 –43 –47 –47
Order books (in month) 5,3 7,1 7,0 7,0 6,8
Productive capacity utilisation rate 88,9 86,4 86,5 85,9 85,9
Obstacles to production increase (in %) 33 22 25 24 25
- Because of workforce shortage (in %) 15,6 5,0 4,8 4,5 4,5
Recruiting problems (in %) 59 46
Expected prices –13 –33 –31 –29 –29
Cash-flow position –9 –27
Repayment period 28 43
  • * Mean since September 1993.

Fewer business managers indicate a fall in their activity

Fewer business managers than in October, indicate a fall in their past activity and expected activity. However, the corresponding balances of opinion are still below their long-term average.

Activity – Activity tendency in the building industry

Decreasing employment

More business managers than in October indicate a fall in their staff size for the next few months.

The balances of opinion corresponding to past employment and expected employment stay significantly below their long-term average.

Workforce – Workforce size tendency in the building industry

Order books are still considered lower than normal

In November, business managers still consider their order books lower than normal.

OrderBooks – Order books

Productive capacity underused again

The productive capacity utilization rate has stabilized and stays below its long-term average. At the same time, one business manager out of four declares having difficulties increasing his activity.

Pcur – Productive capacity utilization rate

Prices not very dynamic

As many business managers as in October indicate price downturns. The corresponding balance of opinion remains sharply inferior to its long-term average.