Informations Rapides ·
23 June 2022 · n° 163
In June 2022, the business climate in the building construction industry has slightly
improved Monthly survey of building - June 2022
In June 2022, the opinion of business managers in the building construction industry on their past activity has improved again, but they are noticeably less optimistic about their expected activity. In total, the composite indicator has won one point and stands at a high level (115).
- Building contractors are more positive about their past activity
- Tensions on the productive apparatus remain intense
- The balance of opinion on expected prices is stable
- The balances of opinion on the change in workforce have fallen again
- The opinion on order books has improved slightly
- Revision
- For further information
In June 2022, the opinion of business managers in the building construction industry on their past activity has improved again, but they are noticeably less optimistic about their expected activity. In total, the composite indicator has won one point and stands at a high level (115).
tableauBusiness climate composite indicator
| Business climate composite indicator | |
|---|---|
| 2022-06 | 114.7 |
| 2022-05 | 114.0 |
| 2022-04 | 115.5 |
| 2022-03 | 114.3 |
| 2022-02 | 113.5 |
| 2022-01 | 113.2 |
| 2021-12 | 115.1 |
| 2021-11 | 113.6 |
| 2021-10 | 112.3 |
| 2021-09 | 112.4 |
| 2021-08 | 112.6 |
| 2021-07 | 111.9 |
| 2021-06 | 111.7 |
| 2021-05 | 109.4 |
| 2021-04 | 107.9 |
| 2021-03 | 106.1 |
| 2021-02 | 102.5 |
| 2021-01 | 103.2 |
| 2020-12 | 101.8 |
| 2020-11 | 100.5 |
| 2020-10 | 104.1 |
| 2020-09 | 102.2 |
| 2020-08 | 100.3 |
| 2020-07 | 95.0 |
| 2020-06 | 89.2 |
| 2020-05 | 81.3 |
| 2020-04 | 85.2 |
| 2020-03 | 109.0 |
| 2020-02 | 110.3 |
| 2020-01 | 109.2 |
| 2019-12 | 108.9 |
| 2019-11 | 109.0 |
| 2019-10 | 109.7 |
| 2019-09 | 109.2 |
| 2019-08 | 108.2 |
| 2019-07 | 108.3 |
| 2019-06 | 108.2 |
| 2019-05 | 108.1 |
| 2019-04 | 108.9 |
| 2019-03 | 109.1 |
| 2019-02 | 110.3 |
| 2019-01 | 108.6 |
| 2018-12 | 108.6 |
| 2018-11 | 107.6 |
| 2018-10 | 107.2 |
| 2018-09 | 107.7 |
| 2018-08 | 108.2 |
| 2018-07 | 108.5 |
| 2018-06 | 107.7 |
| 2018-05 | 107.9 |
| 2018-04 | 108.9 |
| 2018-03 | 109.2 |
| 2018-02 | 108.1 |
| 2018-01 | 109.8 |
| 2017-12 | 109.2 |
| 2017-11 | 106.5 |
| 2017-10 | 105.6 |
| 2017-09 | 105.6 |
| 2017-08 | 104.8 |
| 2017-07 | 105.5 |
| 2017-06 | 104.5 |
| 2017-05 | 102.4 |
| 2017-04 | 100.9 |
| 2017-03 | 101.1 |
| 2017-02 | 100.4 |
| 2017-01 | 101.7 |
| 2016-12 | 99.2 |
| 2016-11 | 99.9 |
| 2016-10 | 100.5 |
| 2016-09 | 98.9 |
| 2016-08 | 97.7 |
| 2016-07 | 96.9 |
| 2016-06 | 96.9 |
| 2016-05 | 96.8 |
| 2016-04 | 95.3 |
| 2016-03 | 94.2 |
| 2016-02 | 92.8 |
| 2016-01 | 94.1 |
| 2015-12 | 94.0 |
| 2015-11 | 92.1 |
| 2015-10 | 92.4 |
| 2015-09 | 92.7 |
| 2015-08 | 92.9 |
| 2015-07 | 90.8 |
| 2015-06 | 91.3 |
| 2015-05 | 89.1 |
| 2015-04 | 89.5 |
| 2015-03 | 88.6 |
| 2015-02 | 88.1 |
| 2015-01 | 87.7 |
| 2014-12 | 88.5 |
| 2014-11 | 89.1 |
| 2014-10 | 87.1 |
| 2014-09 | 87.2 |
| 2014-08 | 88.5 |
| 2014-07 | 90.0 |
| 2014-06 | 91.6 |
| 2014-05 | 91.4 |
| 2014-04 | 91.3 |
| 2014-03 | 92.2 |
| 2014-02 | 91.6 |
| 2014-01 | 92.1 |
| 2013-12 | 91.6 |
| 2013-11 | 93.5 |
| 2013-10 | 94.5 |
| 2013-09 | 94.2 |
| 2013-08 | 92.8 |
| 2013-07 | 90.0 |
| 2013-06 | 89.2 |
| 2013-05 | 89.5 |
| 2013-04 | 89.5 |
| 2013-03 | 90.0 |
| 2013-02 | 91.2 |
| 2013-01 | 91.3 |
| 2012-12 | 91.5 |
| 2012-11 | 91.2 |
| 2012-10 | 91.6 |
| 2012-09 | 92.3 |
| 2012-08 | 92.9 |
| 2012-07 | 93.6 |
| 2012-06 | 95.2 |
| 2012-05 | 94.9 |
| 2012-04 | 96.7 |
| 2012-03 | 97.6 |
| 2012-02 | 98.0 |
| 2012-01 | 98.7 |
| 2011-12 | 97.3 |
| 2011-11 | 97.4 |
| 2011-10 | 99.0 |
| 2011-09 | 100.8 |
| 2011-08 | 102.8 |
| 2011-07 | 105.3 |
| 2011-06 | 104.3 |
| 2011-05 | 104.4 |
| 2011-04 | 104.6 |
| 2011-03 | 102.6 |
| 2011-02 | 101.5 |
| 2011-01 | 99.7 |
| 2010-12 | 98.4 |
| 2010-11 | 97.2 |
| 2010-10 | 95.9 |
| 2010-09 | 94.6 |
| 2010-08 | 95.2 |
| 2010-07 | 94.2 |
| 2010-06 | 91.7 |
| 2010-05 | 92.3 |
| 2010-04 | 90.6 |
| 2010-03 | 90.6 |
| 2010-02 | 91.9 |
| 2010-01 | 90.8 |
| 2009-12 | 90.2 |
| 2009-11 | 90.1 |
| 2009-10 | 90.6 |
| 2009-09 | 89.5 |
| 2009-08 | 88.5 |
| 2009-07 | 86.5 |
| 2009-06 | 86.7 |
| 2009-05 | 87.1 |
| 2009-04 | 87.0 |
| 2009-03 | 87.4 |
| 2009-02 | 87.3 |
| 2009-01 | 89.8 |
| 2008-12 | 91.6 |
| 2008-11 | 93.9 |
| 2008-10 | 96.3 |
| 2008-09 | 103.2 |
| 2008-08 | 105.3 |
| 2008-07 | 105.9 |
| 2008-06 | 107.6 |
| 2008-05 | 110.3 |
| 2008-04 | 112.1 |
| 2008-03 | 113.1 |
| 2008-02 | 112.7 |
| 2008-01 | 113.7 |
| 2007-12 | 114.6 |
| 2007-11 | 114.4 |
| 2007-10 | 113.9 |
| 2007-09 | 114.4 |
| 2007-08 | 114.7 |
| 2007-07 | 116.0 |
| 2007-06 | 115.8 |
| 2007-05 | 114.9 |
| 2007-04 | 115.3 |
| 2007-03 | 114.5 |
| 2007-02 | 114.5 |
| 2007-01 | 115.9 |
| 2006-12 | 115.0 |
| 2006-11 | 114.8 |
| 2006-10 | 115.5 |
| 2006-09 | 114.9 |
| 2006-08 | 114.0 |
| 2006-07 | 113.7 |
| 2006-06 | 113.2 |
| 2006-05 | 112.8 |
| 2006-04 | 111.5 |
| 2006-03 | 112.0 |
| 2006-02 | 111.9 |
| 2006-01 | 113.8 |
| 2005-12 | 112.7 |
| 2005-11 | 113.0 |
| 2005-10 | 111.0 |
| 2005-09 | 109.8 |
| 2005-08 | 109.9 |
| 2005-07 | 110.2 |
| 2005-06 | 109.5 |
| 2005-05 | 108.6 |
| 2005-04 | 108.7 |
| 2005-03 | 108.7 |
| 2005-02 | 108.5 |
| 2005-01 | 109.1 |
| 2004-12 | 109.5 |
| 2004-11 | 109.2 |
| 2004-10 | 107.8 |
| 2004-09 | 107.4 |
| 2004-08 | 107.1 |
| 2004-07 | 107.0 |
| 2004-06 | 104.9 |
| 2004-05 | 105.9 |
| 2004-04 | 106.3 |
| 2004-03 | 105.3 |
| 2004-02 | 104.3 |
| 2004-01 | 105.4 |
| 2003-12 | 102.9 |
| 2003-11 | 101.3 |
| 2003-10 | 98.0 |
| 2003-09 | 99.9 |
| 2003-08 | 97.8 |
| 2003-07 | 95.8 |
| 2003-06 | 96.1 |
| 2003-05 | 95.6 |
| 2003-04 | 95.1 |
| 2003-03 | 94.2 |
| 2003-02 | 95.3 |
| 2003-01 | 96.5 |
| 2002-12 | 94.4 |
| 2002-11 | 95.1 |
| 2002-10 | 98.4 |
| 2002-09 | 98.0 |
| 2002-08 | 99.2 |
| 2002-07 | 100.6 |
| 2002-06 | 103.6 |
| 2002-05 | 103.9 |
| 2002-04 | 102.4 |
| 2002-03 | 103.8 |
| 2002-02 | 103.4 |
| 2002-01 | 102.8 |
| 2001-12 | 103.3 |
| 2001-11 | 103.0 |
| 2001-10 | 104.0 |
| 2001-09 | 105.1 |
| 2001-08 | 106.7 |
| 2001-07 | 108.3 |
| 2001-06 | 108.9 |
| 2001-05 | 111.1 |
| 2001-04 | 111.2 |
| 2001-03 | 113.8 |
| 2001-02 | 115.3 |
| 2001-01 | 115.5 |
| 2000-12 | 117.7 |
| 2000-11 | 120.9 |
| 2000-10 | 122.1 |
| 2000-09 | 121.5 |
| 2000-08 | 121.0 |
| 2000-07 | 120.5 |
| 2000-06 | 119.7 |
| 2000-05 | 117.5 |
| 2000-04 | 120.2 |
| 2000-03 | 118.8 |
| 2000-02 | 117.6 |
| 2000-01 | 118.5 |
| 1999-12 | 116.8 |
| 1999-11 | 114.7 |
| 1999-10 | 113.6 |
| 1999-09 | 113.2 |
| 1999-08 | 113.2 |
| 1999-07 | 113.0 |
| 1999-06 | 110.7 |
| 1999-05 | 111.1 |
| 1999-04 | 106.7 |
| 1999-03 | 105.3 |
| 1999-02 | 105.5 |
| 1999-01 | 103.7 |
| 1998-12 | 99.6 |
| 1998-11 | 103.9 |
| 1998-10 | 104.1 |
| 1998-09 | 106.9 |
| 1998-08 | 106.5 |
| 1998-07 | 105.9 |
| 1998-06 | 103.9 |
| 1998-05 | 102.4 |
| 1998-04 | 99.8 |
| 1998-03 | 100.5 |
| 1998-02 | 98.5 |
| 1998-01 | 97.5 |
graphiqueBusiness climate composite indicator
- Source: INSEE
tableauBuilding industry economic outlook
| Mean* | Mar. 22 | Apr. 22 | May 22 | June 22 | |
|---|---|---|---|---|---|
| Composite indicator | 100 | 114 | 116 | 114 | 115 |
| Past activity | -3 | 12 | 13 | 1 | 12 |
| Expected activity | -4 | 11 | 4 | 7 | 1 |
| General business outlook | -15 | -3 | |||
| Past employment | -5 | 0 | 7 | 4 | -2 |
| Expected employment | -2 | 16 | 16 | 15 | 13 |
| Opinion on order books | -21 | 0 | -2 | -2 | 0 |
| Order books (in month) | 5.9 | 8.6 | 8.8 | 9.0 | 8.9 |
| Production capacity utilisation rate (in %) | 88.8 | 92.4 | 92.8 | 92.6 | 92.3 |
| Obstacles to production increase (en %) ** | 65 | 72 | 73 | 72 | 72 |
| - Because of workforce shortage (in %) ** | 28 | 44 | 43 | 41 | 45 |
| - Because of supply difficulties (in %) ** | 5 | 30 | 40 | 36 | 38 |
| Production bottlenecks (in %) | 33 | 51 | 52 | 51 | 47 |
| - Because of workforce shortage (in %) | 15 | 26 | 25 | 22 | 25 |
| - Because of supply difficulties (in %) | 2 | 13 | 18 | 16 | 17 |
| Recruiting problems (in %) | 59 | 75 | |||
| Expected prices | -11 | 43 | 58 | 60 | 60 |
| Cash-flow position | -10 | -5 | |||
| Payment period | 29 | 21 | |||
| Economic uncertainty felt *** | 10 | 11 | 15 | 14 | 12 |
- *Mean since April 1975 for the composite indicator, since September 1993 for the balances of opinion, since April 2021 for the balances of opinion on the economic uncertainty felt.
- ** Non-seasonally adjusted percentage of weighted responses
- *** Non-seasonally adjusted balance of opinion
- Source: INSEE, French business survey in the building industry
Building contractors are more positive about their past activity
In June 2022, building contractors are much more positive than in the previous month regarding their past activity. The corresponding balance has bounced back clearly, pulling away from its long-term average. Conversely, building contractors are less optimistic about their expected activity over the next three months. The corresponding balance has fallen back but stays above its average.
The economic uncertainty felt by business managers has faded very slightly in comparison with the previous month.
tableauActivity tendency in building construction
| Expected activity | Past activity | |
|---|---|---|
| 2022-06 | 1.1 | 12.0 |
| 2022-05 | 7.3 | 1.1 |
| 2022-04 | 4.3 | 13.4 |
| 2022-03 | 11.0 | 12.2 |
| 2022-02 | 13.4 | 7.2 |
| 2022-01 | 10.6 | 3.8 |
| 2021-12 | 20.8 | 11.2 |
| 2021-11 | 13.6 | 9.8 |
| 2021-10 | 13.3 | 7.3 |
| 2021-09 | 15.8 | 11.1 |
| 2021-08 | 11.1 | 12.9 |
| 2021-07 | 8.7 | 14.6 |
| 2021-06 | 9.3 | 16.0 |
| 2021-05 | 12.8 | 5.4 |
| 2021-04 | 5.9 | 7.7 |
| 2021-03 | 7.5 | 2.7 |
| 2021-02 | -0.9 | -3.1 |
| 2021-01 | 1.8 | -2.1 |
| 2020-12 | -4.0 | -1.5 |
| 2020-11 | -14.5 | 0.2 |
| 2020-10 | 2.9 | 8.1 |
| 2020-09 | 4.4 | -4.1 |
| 2020-08 | 12.1 | -20.9 |
| 2020-07 | 17.4 | -60.0 |
| 2020-06 | 2.1 | -78.8 |
| 2020-05 | -48.0 | -78.1 |
| 2020-04 | -85.2 | -21.8 |
| 2020-03 | 6.7 | 17.8 |
| 2020-02 | 14.9 | 11.7 |
| 2020-01 | 11.0 | 9.2 |
| 2019-12 | 11.3 | 9.6 |
| 2019-11 | 10.3 | 11.7 |
| 2019-10 | 16.7 | 12.8 |
| 2019-09 | 12.6 | 12.8 |
| 2019-08 | 10.4 | 10.1 |
| 2019-07 | 10.2 | 12.6 |
| 2019-06 | 13.7 | 9.6 |
| 2019-05 | 12.2 | 6.5 |
| 2019-04 | 11.9 | 11.1 |
| 2019-03 | 14.0 | 11.4 |
| 2019-02 | 15.0 | 10.0 |
| 2019-01 | 15.8 | 7.5 |
| 2018-12 | 12.6 | 7.3 |
| 2018-11 | 11.4 | 3.7 |
| 2018-10 | 10.3 | 3.7 |
| 2018-09 | 9.6 | 2.8 |
| 2018-08 | 4.1 | 9.3 |
| 2018-07 | 6.8 | 7.7 |
| 2018-06 | 11.8 | 5.1 |
| 2018-05 | 12.5 | 6.3 |
| 2018-04 | 13.1 | 10.3 |
| 2018-03 | 11.5 | 12.9 |
| 2018-02 | 10.9 | 13.7 |
| 2018-01 | 13.8 | 14.8 |
| 2017-12 | 14.8 | 13.6 |
| 2017-11 | 14.6 | 9.6 |
| 2017-10 | 8.4 | 5.2 |
| 2017-09 | 9.1 | 8.9 |
| 2017-08 | 13.3 | 2.3 |
| 2017-07 | 11.3 | 4.8 |
| 2017-06 | 3.1 | 11.2 |
| 2017-05 | 1.8 | 4.5 |
| 2017-04 | 5.7 | -6.9 |
| 2017-03 | 2.6 | -1.9 |
| 2017-02 | -0.5 | -1.5 |
| 2017-01 | -2.5 | 5.8 |
| 2016-12 | -0.8 | -5.5 |
| 2016-11 | 1.6 | 0.6 |
| 2016-10 | 3.7 | -0.4 |
| 2016-09 | 0.5 | -6.1 |
| 2016-08 | -3.3 | -6.7 |
| 2016-07 | -0.2 | -9.8 |
| 2016-06 | -2.7 | -8.6 |
| 2016-05 | -2.1 | -8.1 |
| 2016-04 | -5.1 | -13.6 |
| 2016-03 | -9.3 | -14.1 |
| 2016-02 | -16.1 | -15.2 |
| 2016-01 | -8.2 | -14.6 |
| 2015-12 | -8.0 | -11.7 |
| 2015-11 | -20.7 | -15.3 |
| 2015-10 | -15.1 | -14.5 |
| 2015-09 | -13.3 | -16.9 |
| 2015-08 | -8.8 | -18.1 |
| 2015-07 | -16.4 | -22.1 |
| 2015-06 | -20.4 | -19.9 |
| 2015-05 | -26.4 | -21.7 |
| 2015-04 | -24.0 | -20.8 |
| 2015-03 | -24.4 | -27.6 |
| 2015-02 | -23.7 | -30.3 |
| 2015-01 | -32.7 | -23.0 |
| 2014-12 | -27.9 | -23.1 |
| 2014-11 | -24.7 | -25.3 |
| 2014-10 | -29.9 | -31.8 |
| 2014-09 | -29.9 | -29.7 |
| 2014-08 | -27.4 | -25.0 |
| 2014-07 | -28.1 | -18.2 |
| 2014-06 | -17.6 | -18.2 |
| 2014-05 | -19.6 | -19.0 |
| 2014-04 | -22.4 | -17.5 |
| 2014-03 | -18.7 | -17.2 |
| 2014-02 | -20.7 | -17.4 |
| 2014-01 | -15.6 | -20.7 |
| 2013-12 | -18.6 | -20.2 |
| 2013-11 | -16.4 | -13.0 |
| 2013-10 | -15.5 | -13.3 |
| 2013-09 | -12.4 | -13.2 |
| 2013-08 | -19.7 | -16.7 |
| 2013-07 | -22.4 | -22.2 |
| 2013-06 | -24.0 | -26.5 |
| 2013-05 | -21.4 | -26.7 |
| 2013-04 | -24.6 | -28.1 |
| 2013-03 | -24.4 | -23.9 |
| 2013-02 | -22.1 | -23.3 |
| 2013-01 | -24.3 | -21.6 |
| 2012-12 | -21.9 | -20.5 |
| 2012-11 | -24.4 | -21.2 |
| 2012-10 | -25.9 | -18.3 |
| 2012-09 | -20.3 | -15.0 |
| 2012-08 | -19.2 | -15.2 |
| 2012-07 | -16.8 | -15.0 |
| 2012-06 | -14.0 | -13.5 |
| 2012-05 | -14.8 | -13.4 |
| 2012-04 | -12.0 | -8.6 |
| 2012-03 | -10.7 | -5.6 |
| 2012-02 | -12.5 | -3.8 |
| 2012-01 | -10.6 | -1.6 |
| 2011-12 | -11.6 | -4.3 |
| 2011-11 | -9.8 | -4.3 |
| 2011-10 | -4.7 | -2.2 |
| 2011-09 | -4.3 | -0.7 |
| 2011-08 | 0.8 | 1.5 |
| 2011-07 | 5.0 | 8.2 |
| 2011-06 | 4.4 | 6.3 |
| 2011-05 | 2.0 | 6.1 |
| 2011-04 | 5.0 | 8.4 |
| 2011-03 | 2.8 | 1.7 |
| 2011-02 | 3.0 | -3.8 |
| 2011-01 | -1.0 | -8.5 |
| 2010-12 | -0.9 | -7.8 |
| 2010-11 | -0.5 | -12.8 |
| 2010-10 | -4.2 | -13.1 |
| 2010-09 | -12.7 | -13.2 |
| 2010-08 | -10.3 | -12.7 |
| 2010-07 | -11.4 | -14.0 |
| 2010-06 | -15.1 | -17.5 |
| 2010-05 | -17.6 | -20.7 |
| 2010-04 | -18.1 | -25.4 |
| 2010-03 | -18.2 | -26.2 |
| 2010-02 | -18.6 | -23.7 |
| 2010-01 | -20.1 | -26.6 |
| 2009-12 | -20.1 | -26.5 |
| 2009-11 | -20.4 | -26.2 |
| 2009-10 | -21.1 | -24.9 |
| 2009-09 | -24.5 | -28.3 |
| 2009-08 | -26.5 | -31.2 |
| 2009-07 | -31.4 | -33.3 |
| 2009-06 | -33.5 | -33.1 |
| 2009-05 | -34.2 | -29.2 |
| 2009-04 | -36.7 | -30.1 |
| 2009-03 | -36.9 | -24.3 |
| 2009-02 | -47.1 | -25.8 |
| 2009-01 | -35.2 | -19.5 |
| 2008-12 | -30.7 | -21.0 |
| 2008-11 | -36.1 | -11.4 |
| 2008-10 | -33.0 | -10.7 |
| 2008-09 | -9.3 | -0.9 |
| 2008-08 | -4.5 | 0.3 |
| 2008-07 | -5.2 | -0.3 |
| 2008-06 | -4.1 | 4.9 |
| 2008-05 | 9.8 | 9.6 |
| 2008-04 | 9.2 | 16.2 |
| 2008-03 | 17.4 | 15.7 |
| 2008-02 | 14.9 | 18.1 |
| 2008-01 | 7.3 | 18.7 |
| 2007-12 | 16.6 | 19.2 |
| 2007-11 | 13.6 | 21.4 |
| 2007-10 | 16.2 | 19.5 |
| 2007-09 | 19.6 | 20.6 |
| 2007-08 | 18.4 | 20.7 |
| 2007-07 | 19.7 | 25.0 |
| 2007-06 | 21.1 | 24.9 |
| 2007-05 | 20.3 | 22.3 |
| 2007-04 | 20.1 | 24.1 |
| 2007-03 | 17.7 | 22.6 |
| 2007-02 | 18.5 | 19.9 |
| 2007-01 | 21.0 | 20.1 |
| 2006-12 | 20.3 | 22.0 |
| 2006-11 | 23.4 | 20.5 |
| 2006-10 | 21.3 | 22.9 |
| 2006-09 | 19.1 | 22.7 |
| 2006-08 | 17.5 | 20.6 |
| 2006-07 | 17.3 | 21.2 |
| 2006-06 | 14.3 | 21.4 |
| 2006-05 | 17.1 | 21.0 |
| 2006-04 | 15.6 | 20.2 |
| 2006-03 | 16.1 | 17.6 |
| 2006-02 | 19.9 | 13.5 |
| 2006-01 | 19.8 | 20.4 |
| 2005-12 | 19.7 | 20.2 |
| 2005-11 | 23.0 | 19.2 |
| 2005-10 | 18.5 | 18.1 |
| 2005-09 | 13.5 | 15.4 |
| 2005-08 | 14.1 | 14.6 |
| 2005-07 | 15.0 | 15.4 |
| 2005-06 | 16.4 | 12.6 |
| 2005-05 | 12.7 | 9.2 |
| 2005-04 | 13.3 | 9.8 |
| 2005-03 | 13.0 | 8.4 |
| 2005-02 | 8.9 | 11.6 |
| 2005-01 | 11.2 | 11.1 |
graphiqueActivity tendency in building construction
- Source: INSEE
Tensions on the productive apparatus remain intense
In June 2022, the production capacity utilisation rate has stepped back slightly. At 92.3%, it stands above its long-term average (88.8%).
As many business managers as in the previous month have reported that obstacles are limiting their production: their proportion (72%) is stable and remains higher than its average level. The shares of those facing difficulties due to a workforce shortage (45%) and due to supply difficulties (38%) have bounced back this month.
At the same time, the share of companies at the limit of their production capacity, that is to say that could not produce more with their current means if they received more orders, remains high but has decreased in June. Somewhat fewer than half of business managers have reported to be in this situation, against a third in average in the long term. More precisely, a quarter of business managers consider themselves both unable to increase their production in case of additional orders and facing difficulties due to a lack of personnel, a share higher than last month and much larger than in average. Likewise, the share of business managers unable to increase their production and facing supply difficulties has slightly increased and is getting closer to its highest level observed in April 2022. However, bottlenecks to production increase because of equipment shortage are deemed less penalizing than in May.
The balance of opinion on expected prices is stable
In June 2022, as many business managers as in the previous month have reported that they will increase their prices over the next three months. The corresponding balance of opinion is stable at its highest level since October 1981.
tableauExpected Prices in building industry
| Expected prices | |
|---|---|
| 2022-06 | 60.3 |
| 2022-05 | 60.1 |
| 2022-04 | 58.2 |
| 2022-03 | 43.2 |
| 2022-02 | 39.3 |
| 2022-01 | 44.3 |
| 2021-12 | 37.7 |
| 2021-11 | 35.1 |
| 2021-10 | 31.4 |
| 2021-09 | 25.4 |
| 2021-08 | 27.4 |
| 2021-07 | 26.4 |
| 2021-06 | 17.8 |
| 2021-05 | 10.4 |
| 2021-04 | 4.4 |
| 2021-03 | -3.1 |
| 2021-02 | -10.9 |
| 2021-01 | -9.0 |
| 2020-12 | -17.7 |
| 2020-11 | -15.2 |
| 2020-10 | -12.5 |
| 2020-09 | -12.8 |
| 2020-08 | -11.9 |
| 2020-07 | -8.1 |
| 2020-06 | -9.5 |
| 2020-05 | -10.7 |
| 2020-04 | -16.7 |
| 2020-03 | 2.0 |
| 2020-02 | 6.4 |
| 2020-01 | 6.6 |
| 2019-12 | 5.4 |
| 2019-11 | 2.4 |
| 2019-10 | 3.3 |
| 2019-09 | 2.5 |
| 2019-08 | 3.6 |
| 2019-07 | 4.2 |
| 2019-06 | 1.4 |
| 2019-05 | 2.9 |
| 2019-04 | 3.7 |
| 2019-03 | 3.3 |
| 2019-02 | 9.6 |
| 2019-01 | 8.6 |
| 2018-12 | 3.6 |
| 2018-11 | 2.4 |
| 2018-10 | 4.2 |
| 2018-09 | 4.7 |
| 2018-08 | 5.5 |
| 2018-07 | 7.5 |
| 2018-06 | 4.2 |
| 2018-05 | 4.6 |
| 2018-04 | 4.9 |
| 2018-03 | 3.8 |
| 2018-02 | 2.6 |
| 2018-01 | 7.8 |
| 2017-12 | 0.6 |
| 2017-11 | -5.0 |
| 2017-10 | -3.3 |
| 2017-09 | -6.3 |
| 2017-08 | -8.2 |
| 2017-07 | -6.1 |
| 2017-06 | -12.7 |
| 2017-05 | -16.1 |
| 2017-04 | -13.1 |
| 2017-03 | -13.1 |
| 2017-02 | -14.2 |
| 2017-01 | -12.9 |
| 2016-12 | -19.0 |
| 2016-11 | -20.4 |
| 2016-10 | -19.6 |
| 2016-09 | -19.0 |
| 2016-08 | -21.4 |
| 2016-07 | -23.2 |
| 2016-06 | -23.0 |
| 2016-05 | -25.1 |
| 2016-04 | -25.5 |
| 2016-03 | -26.6 |
| 2016-02 | -29.8 |
| 2016-01 | -28.3 |
| 2015-12 | -29.6 |
| 2015-11 | -29.7 |
| 2015-10 | -32.1 |
| 2015-09 | -29.5 |
| 2015-08 | -29.2 |
| 2015-07 | -31.8 |
| 2015-06 | -31.9 |
| 2015-05 | -33.6 |
| 2015-04 | -34.5 |
| 2015-03 | -34.4 |
| 2015-02 | -36.3 |
| 2015-01 | -35.2 |
| 2014-12 | -38.3 |
| 2014-11 | -35.7 |
| 2014-10 | -34.6 |
| 2014-09 | -34.4 |
| 2014-08 | -33.7 |
| 2014-07 | -34.7 |
| 2014-06 | -31.1 |
| 2014-05 | -34.3 |
| 2014-04 | -33.7 |
| 2014-03 | -31.3 |
| 2014-02 | -31.2 |
| 2014-01 | -29.7 |
| 2013-12 | -33.1 |
| 2013-11 | -30.8 |
| 2013-10 | -29.8 |
| 2013-09 | -30.9 |
| 2013-08 | -29.4 |
| 2013-07 | -39.4 |
| 2013-06 | -38.3 |
| 2013-05 | -37.7 |
| 2013-04 | -38.6 |
| 2013-03 | -35.2 |
| 2013-02 | -30.9 |
| 2013-01 | -30.4 |
| 2012-12 | -31.8 |
| 2012-11 | -32.5 |
| 2012-10 | -31.8 |
| 2012-09 | -34.0 |
| 2012-08 | -31.8 |
| 2012-07 | -28.3 |
| 2012-06 | -23.9 |
| 2012-05 | -24.6 |
| 2012-04 | -23.0 |
| 2012-03 | -20.9 |
| 2012-02 | -23.8 |
| 2012-01 | -22.6 |
| 2011-12 | -27.6 |
| 2011-11 | -27.0 |
| 2011-10 | -22.8 |
| 2011-09 | -16.6 |
| 2011-08 | -12.9 |
| 2011-07 | -10.1 |
| 2011-06 | -14.1 |
| 2011-05 | -10.7 |
| 2011-04 | -12.4 |
| 2011-03 | -16.6 |
| 2011-02 | -18.2 |
| 2011-01 | -17.6 |
| 2010-12 | -28.9 |
| 2010-11 | -30.2 |
| 2010-10 | -32.8 |
| 2010-09 | -34.7 |
| 2010-08 | -28.8 |
| 2010-07 | -31.7 |
| 2010-06 | -41.9 |
| 2010-05 | -31.0 |
| 2010-04 | -38.8 |
| 2010-03 | -39.1 |
| 2010-02 | -28.0 |
| 2010-01 | -34.6 |
| 2009-12 | -38.4 |
| 2009-11 | -38.5 |
| 2009-10 | -34.7 |
| 2009-09 | -34.3 |
| 2009-08 | -34.9 |
| 2009-07 | -41.6 |
| 2009-06 | -39.0 |
| 2009-05 | -39.8 |
| 2009-04 | -36.2 |
| 2009-03 | -39.3 |
| 2009-02 | -32.7 |
| 2009-01 | -33.3 |
| 2008-12 | -25.3 |
| 2008-11 | -18.5 |
| 2008-10 | -10.8 |
| 2008-09 | 2.3 |
| 2008-08 | 8.1 |
| 2008-07 | 12.5 |
| 2008-06 | 16.3 |
| 2008-05 | 15.7 |
| 2008-04 | 14.3 |
| 2008-03 | 16.1 |
| 2008-02 | 18.8 |
| 2008-01 | 29.3 |
| 2007-12 | 25.4 |
| 2007-11 | 18.3 |
| 2007-10 | 18.1 |
| 2007-09 | 15.9 |
| 2007-08 | 18.9 |
| 2007-07 | 21.9 |
| 2007-06 | 15.9 |
| 2007-05 | 15.8 |
| 2007-04 | 19.2 |
| 2007-03 | 15.6 |
| 2007-02 | 17.7 |
| 2007-01 | 24.7 |
graphiqueExpected Prices in building industry
- Source : INSEE
The balances of opinion on the change in workforce have fallen again
In June 2022, the balance of opinion of business managers about the upcoming change in their workforce over the next three months has fallen again but remains nevertheless well above its average. Likewise, the one related to the change in workforce size over the last three months has degraded clearly again, standing slightly above its long-term average.
tableauWorkforce size tendency in building construction
| Expected workforce size | Past workforce size | |
|---|---|---|
| 2022-06 | 12.5 | -1.6 |
| 2022-05 | 15.1 | 4.4 |
| 2022-04 | 16.1 | 7.0 |
| 2022-03 | 16.3 | 0.0 |
| 2022-02 | 17.6 | 1.8 |
| 2022-01 | 17.7 | 3.8 |
| 2021-12 | 20.0 | 9.0 |
| 2021-11 | 18.7 | 6.3 |
| 2021-10 | 15.9 | 4.1 |
| 2021-09 | 14.9 | 2.1 |
| 2021-08 | 16.9 | 1.8 |
| 2021-07 | 12.9 | 3.7 |
| 2021-06 | 16.8 | 0.4 |
| 2021-05 | 16.4 | -1.6 |
| 2021-04 | 14.0 | 2.3 |
| 2021-03 | 12.3 | -1.5 |
| 2021-02 | 7.2 | -7.1 |
| 2021-01 | 6.9 | -3.6 |
| 2020-12 | 8.8 | -1.3 |
| 2020-11 | 4.2 | -3.4 |
| 2020-10 | 3.5 | -7.5 |
| 2020-09 | 2.5 | -8.2 |
| 2020-08 | 1.0 | -13.5 |
| 2020-07 | 1.7 | -17.6 |
| 2020-06 | -3.5 | -23.2 |
| 2020-05 | -18.0 | -17.0 |
| 2020-04 | -18.5 | 0.3 |
| 2020-03 | 11.5 | 6.4 |
| 2020-02 | 17.6 | 7.8 |
| 2020-01 | 15.4 | 6.8 |
| 2019-12 | 13.7 | 5.8 |
| 2019-11 | 15.7 | 5.5 |
| 2019-10 | 12.2 | 5.9 |
| 2019-09 | 13.1 | 4.5 |
| 2019-08 | 10.3 | 5.9 |
| 2019-07 | 6.9 | 4.1 |
| 2019-06 | 9.8 | 4.5 |
| 2019-05 | 13.0 | 6.5 |
| 2019-04 | 12.8 | 3.8 |
| 2019-03 | 12.1 | 5.6 |
| 2019-02 | 16.2 | 5.7 |
| 2019-01 | 6.6 | 1.8 |
| 2018-12 | 14.3 | 5.8 |
| 2018-11 | 13.7 | 9.6 |
| 2018-10 | 10.1 | 4.9 |
| 2018-09 | 14.8 | 4.5 |
| 2018-08 | 14.8 | 3.6 |
| 2018-07 | 14.7 | 4.3 |
| 2018-06 | 10.4 | 3.9 |
| 2018-05 | 9.5 | 7.0 |
| 2018-04 | 11.2 | 3.7 |
| 2018-03 | 12.9 | 0.8 |
| 2018-02 | 5.2 | -4.6 |
| 2018-01 | 9.1 | -1.4 |
| 2017-12 | 12.1 | 7.3 |
| 2017-11 | 1.6 | -5.5 |
| 2017-10 | 4.4 | -5.2 |
| 2017-09 | 1.9 | -6.9 |
| 2017-08 | 2.0 | -7.6 |
| 2017-07 | 4.3 | -2.5 |
| 2017-06 | 2.5 | -6.6 |
| 2017-05 | -1.3 | -7.9 |
| 2017-04 | -5.2 | -15.5 |
| 2017-03 | -6.6 | -11.1 |
| 2017-02 | -8.3 | -13.2 |
| 2017-01 | -7.2 | -14.2 |
| 2016-12 | -8.3 | -15.2 |
| 2016-11 | -11.2 | -14.7 |
| 2016-10 | -8.3 | -17.4 |
| 2016-09 | -10.4 | -18.5 |
| 2016-08 | -13.2 | -20.9 |
| 2016-07 | -17.2 | -21.0 |
| 2016-06 | -16.4 | -23.8 |
| 2016-05 | -15.9 | -24.0 |
| 2016-04 | -17.9 | -23.5 |
| 2016-03 | -20.4 | -27.1 |
| 2016-02 | -20.8 | -25.8 |
| 2016-01 | -20.3 | -24.7 |
| 2015-12 | -23.3 | -27.4 |
| 2015-11 | -21.3 | -28.3 |
| 2015-10 | -23.2 | -26.6 |
| 2015-09 | -22.1 | -24.9 |
| 2015-08 | -23.2 | -25.1 |
| 2015-07 | -24.6 | -28.7 |
| 2015-06 | -19.9 | -26.4 |
| 2015-05 | -27.2 | -29.9 |
| 2015-04 | -27.3 | -34.5 |
| 2015-03 | -25.3 | -26.6 |
| 2015-02 | -24.5 | -24.9 |
| 2015-01 | -29.4 | -29.3 |
| 2014-12 | -24.3 | -25.7 |
| 2014-11 | -22.5 | -24.8 |
| 2014-10 | -26.0 | -28.6 |
| 2014-09 | -28.1 | -28.7 |
| 2014-08 | -26.9 | -26.6 |
| 2014-07 | -22.1 | -25.5 |
| 2014-06 | -23.4 | -26.4 |
| 2014-05 | -19.2 | -15.4 |
| 2014-04 | -19.3 | -22.7 |
| 2014-03 | -18.5 | -18.6 |
| 2014-02 | -21.1 | -19.7 |
| 2014-01 | -19.5 | -19.0 |
| 2013-12 | -17.7 | -16.7 |
| 2013-11 | -16.7 | -18.1 |
| 2013-10 | -10.4 | -13.4 |
| 2013-09 | -14.8 | -18.5 |
| 2013-08 | -16.0 | -19.8 |
| 2013-07 | -17.9 | -18.2 |
| 2013-06 | -18.2 | -18.4 |
| 2013-05 | -19.0 | -16.1 |
| 2013-04 | -13.5 | -14.1 |
| 2013-03 | -18.0 | -17.9 |
| 2013-02 | -15.8 | -17.1 |
| 2013-01 | -15.6 | -14.4 |
| 2012-12 | -16.2 | -13.3 |
| 2012-11 | -14.9 | -10.7 |
| 2012-10 | -14.6 | -10.0 |
| 2012-09 | -16.7 | -15.8 |
| 2012-08 | -14.7 | -11.2 |
| 2012-07 | -15.3 | -11.9 |
| 2012-06 | -11.3 | -7.6 |
| 2012-05 | -12.6 | -8.9 |
| 2012-04 | -9.2 | -8.7 |
| 2012-03 | -9.0 | -6.9 |
| 2012-02 | -3.9 | -5.5 |
| 2012-01 | -3.7 | -4.2 |
| 2011-12 | -5.3 | -6.4 |
| 2011-11 | -7.4 | -8.7 |
| 2011-10 | -6.2 | -2.2 |
| 2011-09 | -0.8 | 2.6 |
| 2011-08 | 3.4 | 3.8 |
| 2011-07 | 7.7 | 3.3 |
| 2011-06 | 6.8 | 3.3 |
| 2011-05 | 7.3 | -0.3 |
| 2011-04 | 4.9 | 0.2 |
| 2011-03 | 3.6 | -3.1 |
| 2011-02 | 3.1 | -5.1 |
| 2011-01 | -1.3 | -4.2 |
| 2010-12 | -1.7 | -4.4 |
| 2010-11 | -3.8 | -7.6 |
| 2010-10 | -7.7 | -11.9 |
| 2010-09 | -7.7 | -11.0 |
| 2010-08 | -11.3 | -12.0 |
| 2010-07 | -13.4 | -10.8 |
| 2010-06 | -15.4 | -15.8 |
| 2010-05 | -14.6 | -14.0 |
| 2010-04 | -14.0 | -16.6 |
| 2010-03 | -13.1 | -16.8 |
| 2010-02 | -15.8 | -17.2 |
| 2010-01 | -12.8 | -18.3 |
| 2009-12 | -14.5 | -18.8 |
| 2009-11 | -15.3 | -18.8 |
| 2009-10 | -15.9 | -19.2 |
| 2009-09 | -17.0 | -19.1 |
| 2009-08 | -19.0 | -19.2 |
| 2009-07 | -20.3 | -20.7 |
| 2009-06 | -20.1 | -17.9 |
| 2009-05 | -20.2 | -17.9 |
| 2009-04 | -20.9 | -18.5 |
| 2009-03 | -22.4 | -12.8 |
| 2009-02 | -17.9 | -8.2 |
| 2009-01 | -16.9 | -8.7 |
| 2008-12 | -12.5 | -2.3 |
| 2008-11 | -8.7 | -0.9 |
| 2008-10 | -1.4 | 5.9 |
| 2008-09 | 4.8 | 5.9 |
| 2008-08 | 9.5 | 9.3 |
| 2008-07 | 11.9 | 13.4 |
| 2008-06 | 13.8 | 13.6 |
| 2008-05 | 15.5 | 12.9 |
| 2008-04 | 23.1 | 21.1 |
| 2008-03 | 22.3 | 23.0 |
| 2008-02 | 15.9 | 21.4 |
| 2008-01 | 19.9 | 22.6 |
| 2007-12 | 21.5 | 21.0 |
| 2007-11 | 26.7 | 21.7 |
| 2007-10 | 23.1 | 16.6 |
| 2007-09 | 24.2 | 22.1 |
| 2007-08 | 24.6 | 21.8 |
| 2007-07 | 25.4 | 21.6 |
| 2007-06 | 28.6 | 23.4 |
| 2007-05 | 25.5 | 20.2 |
| 2007-04 | 22.9 | 20.6 |
| 2007-03 | 24.6 | 20.5 |
| 2007-02 | 25.3 | 21.4 |
| 2007-01 | 27.0 | 19.2 |
| 2006-12 | 26.3 | 18.5 |
| 2006-11 | 23.8 | 19.8 |
| 2006-10 | 26.1 | 21.6 |
| 2006-09 | 24.4 | 21.7 |
| 2006-08 | 22.2 | 21.1 |
| 2006-07 | 20.3 | 20.4 |
| 2006-06 | 21.8 | 17.9 |
| 2006-05 | 20.5 | 18.2 |
| 2006-04 | 18.2 | 16.0 |
| 2006-03 | 19.3 | 13.3 |
| 2006-02 | 20.2 | 19.9 |
| 2006-01 | 18.4 | 18.9 |
| 2005-12 | 17.0 | 12.7 |
| 2005-11 | 19.5 | 11.5 |
| 2005-10 | 15.9 | 9.7 |
| 2005-09 | 13.7 | 7.9 |
| 2005-08 | 15.2 | 6.0 |
| 2005-07 | 16.9 | 3.9 |
| 2005-06 | 14.0 | 8.2 |
| 2005-05 | 14.2 | 6.7 |
| 2005-04 | 15.2 | 6.9 |
| 2005-03 | 12.5 | 5.5 |
| 2005-02 | 9.5 | 0.1 |
| 2005-01 | 9.2 | 0.7 |
graphiqueWorkforce size tendency in building construction
- Source : INSEE
The opinion on order books has improved slightly
In June 2022, somewhat more business managers than last month have deemed the level of their order books to be higher than usual: the corresponding balance has slightly risen, far above its average. Besides, given their staff size, building contractors consider that their order books provide them with 8.9 months of work, an amount of time hardly lower than the previous month.
Revision
The business climate in the building construction industry of May 2022 has not been revised.
For further information
For questions with three possible answers, a balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
The responses to this survey have collected between 27 May and 20 June 2022.
All balances of opinion from the survey are published in this Informations Rapides and in the complementary chronological series available online.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.
Next issue: 21 July 2022 at 8:45 am
Documentation
Changes to business tendency surveys – October 2021 (pdf,181 Ko)
Abbreviated methodology (pdf,162 Ko)
Pour en savoir plus
For questions with three possible answers, a balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
The responses to this survey have collected between 27 May and 20 June 2022.
All balances of opinion from the survey are published in this Informations Rapides and in the complementary chronological series available online.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.
Next issue: 21 July 2022 at 8:45 am