25 November 2013
2013- n° 269The economic climate is stable in building industry in November 2013 Monthly 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.
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.
graphiqueClimate – Composite indicator
graphiqueTurningPoint – Turning-point indicator
- Lecture: close to 1 (respectively -1), it indicates a favorable climate (respectively unfavorable).
tableauTableau1 – 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.
graphiqueActivity – 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.
graphiqueWorkforce – 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.
graphiqueOrderBooks – 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.
graphiquePcur – 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.
Documentation
Methodology (2016) (pdf,170 Ko)
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