In October 2016, business prospects darken in the building crafts sectorQuarterly survey of the building crafts sector - October 2016

In October 2016, more building craftsmen than in July forecast a fall in their activity, the balance going back below its long-term average. The balance on past activity is stable at a level close to its long-term average. Likewise, opinion of craftsmen concerning the general business outlook in the building sector is virtually stable; it remains well above its long-term average.

Informations rapides
No 281
Paru le : 27/10/2016

Craftsmen's personal business prospects darken again

In October 2016, more building craftsmen than in July forecast a fall in their activity, the balance going back below its long-term average. The balance on past activity is stable at a level close to its long-term average. Likewise, opinion of craftsmen concerning the general business outlook in the building sector is virtually stable; it remains well above its long-term average.

Slight improvement in employment in summer but employment prospects decline slightly

Slightly fewer craftsmen than in July indicate a fall in their staff size during the last months. The corresponding balance of opinion has exceeded its long-term average for the first time since April 2008. On the contrary, slightly more craftsmen than in July forecast a fall in their staff size. The corresponding balance remains close to its long-term average.

Less than one firm out of three has recruiting problems

In October 2016, 29% of businesses have experienced recruiting problems. This proportion has increased slightly compared to the last quarter and stay well below its long-term average (41%). Slightly less businesses indicate that they train apprentices: their share has reached 36%, falling slightly below its long-term average.

Table1 – Building crafts sector economic outlook

Balances of opinion, in %, SA
Building crafts sector economic outlook
Mean* Jan. 16 April 16 July 16 Oct. 16
Past activity –6 –8 –19 –8 –8
Expected activity –9 –15 –18 –5 –12
General business outlook –21 –27 –24 –13 –12
Past employment –4 –5 –6 –5 –2
Expected employment –4 –5 –6 –3 –6
Recruiting problems (in %) 41 24 30 28 29
Apprentice training (in %) 38 35 36 38 36
  • * Mean since October 1990.
  • Source: French business survey, building crafts sector - INSEE

Graph1 – Activity tendency in the building crafts sector