29 August 2013
2013- n° 197The economic climate stays unfavourable in building industry in August 2013 Monthly survey of building - August 2013
According to the business managers surveyed in August 2013, the situation stays unfavourable in building industry: the composite indicator stays stable and below its long-term average. The turning-point indicator is in the unfavourable zone.
According to the business managers surveyed in August 2013, the situation stays unfavourable in building industry: the composite indicator stays stable and below its long-term average. The turning-point indicator is in the unfavourable zone.
Activity remains deteriorated
The business managers consider that their activity remains deteriorated in the recent period. The business managers stay pessimistic about their activity in the next months.
Decreasing employment
Employment in the building industry is grim: the balances of opinion corresponding to past employment and expected employment stay significantly below their long-term average.
graphiqueClimate – Composite indicator
graphiqueTurningPoint – Turning-point indicator
tableauTableau1 – Building industry economic outlook
| Mean* | May 13 | June 13 | July 13 | Aug. 13 | |
|---|---|---|---|---|---|
| Composite indicator | 100 | 93 | 91 | 91 | 91 |
| Past activity | –2 | –24 | –27 | –28 | –20 |
| Expected activity | –5 | –21 | –26 | –25 | –23 |
| Gen. business outlook | –17 | –47 | |||
| Past employment | –3 | –15 | –19 | –21 | –22 |
| Expected employment | –2 | –19 | –19 | –18 | –19 |
| Opinion on order books | –20 | –46 | –48 | –48 | –50 |
| Order books (in month) | 5,2 | 7,1 | 7,0 | 7,0 | 7,1 |
| Productive capacity utilisation rate | 89,0 | 85,9 | 86,0 | 86,2 | 86,2 |
| Obstacles to production increase (in %) | 33 | 21 | 21 | 22 | 23 |
| - Because of workforce shortage (in %) | 15,7 | 5,1 | 5,0 | 4,9 | 5,3 |
| Recruiting problems (in %) | 60 | 47 | |||
| Expected prices | –12 | –38 | –40 | –43 | –33 |
| Cash-flow position | –9 | –27 | |||
| Repayment period | 28 | 47 |
- * Mean since September 1993.
Order books are again considered significantly lower than normal
In August, business managers are slightly more numerous than in June to consider their order books lower than normal. The corresponding balance of opinion is in a level inferior to its long-term average.
Productive capacity underused again
The productive capacity utilisation rate stabilize and stays below its long-term average. At the same time, almost one business manager out of four declare having difficulties to increase his activity.
Prices not very dynamic
In August, business managers are less numerous than in July to indicate price downturns. The corresponding balance of opinion remains sharply inferior to its long-term average.
graphiquePcur – Productive capacity utilisation rate
graphiqueActivity – Activity tendency in the building industry
Documentation
Methodology (2016) (pdf,170 Ko)
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