In July 2016, the economic climate improves sharply in the building craft sectorQuarterly survey of the building crafts sector - July 2016

In July 2016, sharply fewer building craftsmen than in April 2016 declare a fall in their activity in the last quarter; the corresponding balance is closer to its average. The balance on expected activity has also recovered significantly at a highest level ever seen since April 2011 and slightly above its long-term average. Moreover, opinion of craftsmen concerning the general business outlook in the building sector has improved sharply and the corresponding balance has become above its long-term average, for the first time since 2011.

Craftsmen's general business outlook have improved sharply

In July 2016, sharply fewer building craftsmen than in April 2016 declare a fall in their activity in the last quarter; the corresponding balance is closer to its average. The balance on expected activity has also recovered significantly at a highest level ever seen since April 2011 and slightly above its long-term average. Moreover, opinion of craftsmen concerning the general business outlook in the building sector has improved sharply and the corresponding balance has become above its long-term average, for the first time since 2011.

Employment prospects has recovered slightly

Slightly fewer craftsmen than in April indicate a fall in their staff size during the three last months and for the few next months. The balance of opinion on expected employment has come back to its long-term average, unknown since April 2012.

Less than one firm out of three has recruiting problems

In July 2016, recruiting problems have concerned 27% of businesses. This proportion has decreased slightly compared to the last quarter and stay below its long-term average (41%). The share of businesses training apprentices has increased and has reached 39%, a level above its long-term average.

tableau1 – Building crafts sector economic outlook

Balances of opinion, in %, SA
Building crafts sector economic outlook
Mean* Oct. 15 Jan. 16 April 16 July 16
Past activity –6 –21 –8 –19 –8
Expected activity –9 –20 –15 –18 –8
General business outlook –22 –28 –27 –24 –15
Past employment –4 –5 –5 –6 –5
Expected employment –4 –7 –5 –6 –4
Recruiting problems (in %) 41 26 24 30 27
Apprentice training (in %) 38 37 35 36 39
  • * Mean since October 1990.
  • Source: French business survey, building crafts sector - INSEE

Activity – Activity tendency in the building crafts sector